Evonik increased C4 capacities
Evonik Industries has strengthened its position in C4-based products and has successfully, and on time, put into operation new production plants in Antwerp (Belgium). Also in the Marl Chemical Park (Germany), the C4 capacities are being increased. For this, the company has invested a total amount in the three-digit million range (Euro) in the two sites.
Johann-Caspar Gammelin, Head of Management of the Evonik Performance Materials GmbH, Geert Bourgois, Minister-President of Flanders and Christian Kullmann, Chief Strategic Officer and member of the Executive Board of Evonik Industries AG (from left).
Evonik Industries AG
The new plants result in an expansion of capacities for butadiene in Antwerp, for the plasticizer alcohol Isononanol (Marl) as well as for the antiknock agent MTBE (Marl and Antwerp). According to market analyses, the global demand for these products increases by two to five percent per year.
"By expanding our C4 capacities and the necessary and important investments into the supply of raw materials at our sites, we are sustainably strengthening our market positions. At the same time we are supporting our customers’ growth plans in Europe and worldwide," said Klaus Engel, Chairman of the Executive Board of Evonik.
With long-term supply contracts, Evonik has sustainably ensured the raw material supply for the operation of the new plants. Evonik has also for the first time made FCC- C4 material flows from refineries usable.
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