Evonik Industries, one of the world's leading providers of methacrylate chemicals, has expanded its production at the new site in Shanghai, China, to 25,000 metric tons as part of overhauling its methacrylic acid production. The expanded facility will become operational in May and will provide additional quantities of GMAA to meet growing demand.
Evonik Industries produces and markets MMA, GMAA, n- and i-BMA, hydroxy methacrylates, and other specialty methacrylates under the umbrella trademark VISIOMER®.
Evonik Industries is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, Evonik is an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our company’s performance is shaped by creativity, specialization, continuous self-renewal, and reliability.
Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about €13.1 billion and an operating profit (EBITDA) of about €2.0 billion.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.