- Evonik is investing a mid-double-digit million euro sum in the Witten plant.
- The plant will have an annual production capacity of several thousand metric tons.
- Completion is scheduled for 2018.
- The investment will create around ten new jobs in Witten.
Investment and Capacity
Evonik Industries is constructing a new production plant for specialty copolyesters at its Witten site in Germany. The company is investing a mid-double-digit million euro sum in this facility, which will have an annual production capacity of several thousand metric tons. The plant is scheduled for completion in 2018 and will create around ten new jobs in Witten, where Evonik currently employs approximately 250 people.
Market Trends and Applications
Specialty copolyesters serve as binders for paints and are used in coil coatings and food can coatings. The market is increasingly moving towards epoxy resin-free can coatings that do not contain bisphenol A, driving demand for these materials. Specialty copolyesters provide a balance between flexibility and hardness, making them suitable for various coating applications, including those requiring good sterilization resistance and adequate rigidity.
Production Sites and Brands
Evonik is a leading supplier of polyesters for pre-coated metals and reactive hot melts, with production facilities in Marl, Witten, and Shanghai. The company's DYNAPOL® brand polyesters are used as binders for paints in coil coatings and food can coatings, as well as in flexible packaging. Additionally, DYNACOLL® brand polyesters are utilized in reactive hot melt applications.
