China: Evonik has started building a plant to produce organically modified specialty silicones in Shanghai. The project is part of a global investment initiative that started with the construction of a first expanded production plant in Essen, Germany that became operational in late 2014. The new facility is being constructed at the Multi-User-Site (MUSC) in the Shanghai Chemical Industry Park, with completion planned for mid-2017. No exact figure for the high double-digit million Euro project was specified.
"We want to expand our specialty silicones production capacities in Asia to serve the rising demand with local production.” That is why we are enlarging our production capacities in this region," said Klaus Engel, the chairman of the Evonik Executive Board.
