Evonik plant for functionalized polybutadienes commences operation
Essen - Evonik Industries opened a new plant for hydroxyl terminated polybutadiene (HTPB) in Marl. The Group invested a mid-double-digit million euro amount in the plant, which has a production capacity of several thousand metric tons per year. Evonik will market HTPB under the brand name POLYVEST® HT and with it the company is extending its polybutadienes product portfolio by a further functionalized grade.
POLYVEST® HT is primarily used in sealing compounds for insulating glass windows as well as in adhesives for automotive construction. "With POLYVEST® HT we are making use of the growth driver of resource efficiency. Because the need for products that contribute to using resources more efficiently is high," explains Dr. Ulrich Küsthardt, head of the Coatings & Additives Business Unit.
The construction of the POLYVEST® HT production plant in Germany is an investment in customer proximity and sustainability. Most markets for HTPB are located in Europe. "With the Marl production site we have a backward integration in butadiene, good application technology support, and in addition, we are able to offer our customers a good supply security and significantly reduced delivery times," explains Dr. Dietmar Wewers, head of the Coating & Adhesive Resins Business Line.
Megatrend resource efficiency drives market growth
With the investment in the HTPB plant, Evonik Industries is strengthening its position as a solutions provider in the dynamically growing market of the adhesive and sealants industry. "With POLYVEST® HT we want to participate in the above average growth of the adhesive industry. The plant in Marl is a good example of the innovative further development of our portfolio for the adhesive market," underlines Wewers.
With POLYVEST® HT Evonik expands its existing service portfolio of polyesters, polymethacrylates, amorphous-poly-alpha-olefins, wax and polybutadienes for the adhesive and sealants industry. These are marketed under the brand names DYNACOLL, VESTOPLAST, VESTOWAX, DEGALAN as well as POLYVEST.
Categories
Investments
Chemical substances
Countries
Companies
Latest news
Yara to build new global plant for specialty fertilizers and biostimulants in Yorkshire, UK
The plant will allow Yara to double the capacity of its YaraVita products when the facility is expected to be operational by the end of 2025 and further expand production capacity if needed. Virtua...
OMV Petrom obtained financing through NPRR to produce green hydrogen at the Petrobrazi refinery in Brazii, Romania
Total investment value was estimated at approximately EUR 74 million, with a maximum amount of approximately EUR 39 million to be financed through the National Plan for Recovery and Resilience (NPR...
Integrated Power & Renewables: TotalEnergies Launches Its Largest European Battery Energy Storage Project in Antwerp, Belgium
A battery farm project for energy storage with a power rating of 25 MW and capacity of 75 MWh, will be operational by the end of 2024 and will help meet the needs of the European and Belgian high-...
Trinseo starts up polycarbonate dissolution pilot facility in Terneuzen, The Netherlands
Dissolution technology - the needed polymer is extracted by the use of solvents - allows effective end-of-life plastic recycling and enhances circularity