Evonik expands its market position for C4-based products
Essen-based Evonik Industries is further expanding its market lead in C4-based products and investing in the expansion of its production facilities. The Group’s 1-butene capacity in Marl Chemical Park will be expanded by 75,000 tons, making Evonik the No. 1 provider of 1-butene worldwide. In Antwerp, the production of butadiene will be expanded by 100,000 tons, while in Marl and Antwerp the capacity of MTBE will be increased by 150,000 tons in total. The investment will run into hundreds of millions of euros.
The expansions are scheduled to go on stream in 2015.
"With this investment we are expanding our technology leadership and our premier market position in C4 chemistry on a long-term basis. At the same time, we are supporting the growth plans of our customers in Europe and overseas," said Evonik Executive Board member Dr. Dahai Yu. A sharp rise in the growth rates for 1-butene, butadiene, and MTBE is expected. Evonik already operates world-scale C4 production facilities at its sites in Marl and Antwerp. Some 40 new jobs will be created for the operation of the new plants.
1-butene is principally used as a co-monomer in the production of high-value plastics such as polyethylene. It improves the tensile strength of packaging films, for instance.
Butadiene is used in the manufacture of synthetic rubber. One of the biggest customers is the tire industry.
The fuel component MTBE raises the octane number in gasoline and improves fuel combustion. In this way, MTBE from Evonik also helps to improve air quality.
Evonik is one of the world’s leading manufacturers of C4-based products. Its product portfolio includes 1-butene, butadiene, and MTBE, but also isobutene, INA (isononanol), 2-PH (2-propylheptanol), and DINP (diisononyl phthalate).
Categories
Investments
Chemical substances
Countries
Companies
Latest news
The joint venture between bp and Iberdrola España starts construction work on Spain's largest green hydrogen plant
This plant could create up to 500 new jobs during construction and approximately 25 Spanish companies will be involved
Power2X awards Worley contract for its eFuels Rotterdam project
Port of Rotterdam →Power2X contracted Worley, to provide engineering and project management services for its world-scale production facility for sustainable aviation fuel (e-SAF) and ultra-low carbon fuels at Rotterdam
Innovative plant to turn wood into biochemicals – UPM Biochemicals selects Bilfinger as maintenance partner for sustainable biorefinery
Leuna Chemical Complex →UPM Biochemicals’ innovative biorefinery uses unique process to produce biochemicals from sustainably sourced hardwood Bilfinger provides innovative, tailored full-service maintenance to enhance...
Repsol will invest more than €800 million in the Tarragona Ecoplant, a pioneering project in Europe to produce renewable methanol
Chemmed Cluster Tarragona →Repsol has approved a historic investment in the Spanish region of Catalonia to build the first plant in Europe to transform urban waste into renewable methanol - a fuel that will help decarbonize ...