Evonik Industries Launches Its Integrated Methyl Methacrylate Production Facility in SCIP. Nov.25, 2009
Following a construction period of just two years, Evonik Industries has successfully started up its integrated Methyl Methacrylate production facility in the Shanghai Chemical Industry Park (SCIP). ¡°We have fully completed this €250 million project, which represents the second largest investment ever in the Chemicals Business Area. We are continuing to focus on what will be the largest and fastest growing market in the world. Evonik is the only company in this region to offer virtually all the specialty methacrylates from a single source,¡± said Dr. Klaus Engel, chairman of the Executive Board of Evonik Industries AG.
The world-scale complex has an annual capacity of about 100,000 metric tons of MMA and also includes production plants for methacrylic acid, butyl methacrylate, hydroxy esters, specialty monomers, polymethyl methacrylate (PMMA) molding compounds, and thermoplastic methacrylate resins. There will be 300 Evonik employees working at the site in Shanghai. Evonik now has integrated MMA production sites in the U.S., Europe, and China.
The global market for MMA products is growing by about 5 percent annually. The main driver of this growth is the Asian market, where MMA derivatives are used mainly for LCD screens and in the construction and automotive industries.
Headquarters £º18F
No.201 Mu Hua Road,Shanghai¡¡¡¡¡¡Zip£º201507
Tel £º021-67120000¡¡¡¡¡¡¡¡Fax £º021-67122222
Representative office £ºNo.10 Lane 18 Gao An Road,Shanghai¡¡¡¡Zip£º200030
Tel£º021-64713298¡¡¡¡Fax£º021-64713301
Web:www.scip.com.cn
