Evonik is planning to build a new plant to produce polymer polyamide 12 (PA 12), aiming to increase its overall PA 12 capacity by more than 50%. Polyamide 12 is made for growth markets such as the automotive industry, oil and gas pipelines, and in 3D printing.
Evonik plans to invest approximately €400 million in the PA 12 complex at its largest site, Marl Chemical Park in North Rhine-Westphalia, Germany. The existing PA 12 production will have additional manufacturing facilities for the polymer and its precursors. The complex is expected to become operational in early 2021.
‘This investment is a perfect fit to our strategy of consistent focus on specialty chemicals since polyamide 12, as a high-performance polymer for specialty applications, is an important part of our strategic Growth Engine Smart Materials,’ said Christian Kullmann, chairman of the Evonik executive board.
The PA 12 market is posting annual growth rates exceeding 5% worldwide, outpacing the global gross domestic product. In the specialty application of 3D printing, growth rates reach double digits, the company said.
This story uses material from Evonik,with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
