Evonik Industries: Expansion of Molding Compound Capacities in Asia
Evonik Industries AG, Essen, Germany, currently operates two plants in Asia that produce PMMA molding compounds: one in southern Shanghai, China, and a second plant in Taichung, Taiwan. The Taichung plant, launched in 2007, is operating as part of the joint venture Evonik Forhouse Optical Polymers Corporation. To date, it has produced 40 kilotons of Plexiglas molding compounds for light guide panels used in flat-screen monitors, and demand for these monitors has risen significantly, particularly in Asia. That is why the plan is to increase capacities by an additional 20 kilotons a year.
Still in its first development stage, the PMMA plant in Shanghai produces 18 kilotons a year. These products constitute an extensive line of Plexiglas molding compounds that are supplied to all kinds of industries, including the automotive, lighting, and electronics sectors. The Group is now accelerating the planned second development stage for an additional 18 kilotons a year. The expanded plant in Taichung should go on stream in the second quarter of 2011, and the one in Shanghai is scheduled to start in the second half of 2011.
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