Evonik Catalysts expands Production of Activated Metal Catalysts in India
- New plant for Activated Metal Catalysts in India
- Latest technology greatly enhances supply with high quality catalysts for the Asia Pacific region
- Significant synergies with production site in Germany makes Evonik one of the leading manufacturers for Activated Metal Catalysts
At Evonik Catalyst’s manufacturing site in Dombivli, India, the company is commissioning a new plant initially for the production of KALCATTM and in the long-term also Metalyst® Activated Metal Catalysts. This new state of the art production facility allows Evonik to fully utilize its capacities in Dombivli while establishing significant synergies with the Activated Metal Catalyst production site in Germany.
Activated Metal Catalysts are used in the food industry for the production of sorbitol, the manufacture of active pharmaceutical ingredients (APIs) and in the production of fine and industrial chemicals, for example in the polyurethane value chain. The benefit to customers will be increased supply security of high quality catalysts which are critical raw materials for most industrial processes. The growth rate for India and the rest of Asia in the catalyst market, is forecasted to be significantly higher than in other regions of the world. Therefore, this expansion and upgrade of operations will safeguard the supply of the established product range as well as allowing Evonik to expand the portfolio targeting new markets and applications.
"With this new production facility we will be able to increase our ability to supply our customers with technologically advanced products in India and abroad", states Dr. Thomas Tacke, Managing Director Evonik Catalysts India. Dr. Steffen Hasenzahl, Head of Business Line Catalyst adds: “This expansion of operations in Dombivli is part of our long-term strategy to enhance the expertise and capabilities in the Asia Pacific region. Additionally, it is an important step forward in our commitment to support our valued partners in the region.” “It is one more step towards the company’s commitment to increase our footprint in the growth region” concluded, Mr. Sanjeev Taneja, President and Managing Director, Evonik India.
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-oriented innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees. In fiscal 2018, the enterprise generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.6 billion.
ABOUT RESOURCE EFFICIENCY
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and produces high performance materials and specialty additives for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 10,000 employees, and generated sales of around €5.7 billion in 2018.
ABOUT EVONIK'S CATALYSTS BUSINESS LINE
Evonik Industries has been a leader in chemical catalysts for more than 75 years. Now as before, customers all over the world rely on Evonik as a competent and trusted partner. Today Evonik is a fully integrated partner in heterogeneous catalysis. This makes Evonik unique and gives customers the flexibility of finding the most cost-efficient solution for their needs. Working with Evonik means having direct access to the regional technical and commercial organization. With a passion for the catalyst business experienced teams strive for quick response times and high-quality solutions to your catalyst topic.
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.