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Evonik Industries has broken ground in Marl, Germany for construction of a new production plant for speciality polyamide 12 (PA12) powders. The company will, therefore, increase capacity for its Vestosint brand of PA12 powders by 50%/yr. The amount invested lies in the mid-double-digit million euro range. The plant is scheduled to come on stream at the end of 2017.
Dr Ralph Sven Kaufmann, Chief Operating Officer of Evonik, said: "Organic growth is an essential cornerstone of our long-term growth strategy, which is why we’re continually investing in new capacities and innovative products. With the Marl investment we’re also further consolidating our leading position as a supplier of polyamide 12 based high-performance polymers.”
