Investment in Evonik Catalysts Plant in Calvert City
Capacity expansion in Calvert City, Kentucky
The Evonik Business Line Catalysts (KA) extended its long-term partnership with a global leader in refinery catalysts. Evonik manufactures their state of the art hydroprocessing catalysts in its plant in Calvert City, Kentucky. Based on that long-term partnership, the partner company invested in capacity expansion in Calvert City to produce its newest generation of catalysts and to increase overall capacity. “This investment demonstrates the high expertise of the Business Line in efficient operations and custom manufacturing of state of the art custom catalysts. Furthermore it underlines the commitment of both parties for the future”, says Dr. Oliver Meyer, Vice President Catalysts Americas.
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated 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 2017, the enterprise generated sales of €14.4 billion and an operating profit (adjusted EBITDA) of €2.36 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 €5.4 billion in 2017.
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.