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
Vulcan and BASF have signed a memorandum of understanding to explore the use of geothermal energy at the Ludwigshafen site, Germany
BASF SE, Ludwigshafen →Geothermal heat to generate up to 4 million metric tons of CO2-free steam Thermal water offers opportunity for resource-efficient extraction of lithium. Regional energy suppliers investigate use o...
Exolum starts the world’s first demonstration of transport and storage of green hydrogen in existing terminal infrastructure through carrier liquids (LOHC)
The globally pioneering scheme establishes a new model for fast, flexible and efficient green hydrogen transport and storage in the UK by leveraging existing tank storage and pipeline infrastructur...
BASF to build additional production capacity for X3D® catalyst shaping technology in Ludwigshafen, Germany
BASF SE, Ludwigshafen →X3D® technology produces catalysts with optimal shapes to maximize performance and efficiency while minimizing energy consumption. Capacity needed to meet high market demand for X3D products. First...
BASF celebrates opening of new production line in Heerenveen, the Netherlands
Strategic products with a sustainable focus. Production capacity grows without additional CO2 emissions. Green electricity from wind farm Hollandse Kust Zuid joint venture