December 23, 2011

Evonik's strengthening its core business

Evonik has invested €500,000 in Singapore to construct a methionine complex with an annual capacity of 150,000 metric tons. The new plant is scheduled to begin operations in the second half of 2014 and will employ several hundred persons. The main engineering and raw material contracts have already been awarded and preliminary work has already commenced.

"Methionine is one of our core businesses, which we're now strengthening considerably in the Asian growth market by making this major investment. This also should bring us closer to our customers in Asia and makes us a solid, reliable, long-term partner," explained Klaus Engel, CEO of Evonik Industries. Evonik is already the market leader for methionine. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. To get your copy of  'PPLAPP' click here.
Enhanced by Zemanta

No comments:

Post a Comment