Evonik invests in capacity expansion for organic dispersions for heat sealing applications
Evonik Industries is expanding its capacities for organic dispersions for heat sealing applications in Darmstadt (Germany). The significant plant expansion is scheduled for completion by second half of 2021.
Organic dispersions for heat sealing applications, which Evonik markets under the brand name DEGALAN®, are ideally suited for formulating high-quality heat seal lacquers and ensure secure sealing in combination with smooth peeling properties for food and beverage packaging. DEGALAN organic dispersions provide direct adhesion to aluminum and PET lidding materials for environmentally friendly packaging solutions, like mono material packaging with recyclability property.
“This capacity expansion is a clear commitment to proving the flexible packaging industry with best in class liquid coating technology – especially by offering new solutions with direct adhesion to multiple substrates. Furthermore, we strengthen our position in the market by developing new products meeting customers or regional specific requirements, “says Roberto Vila-Keller, head of Business Line Coating & Adhesive Resins.
“After thorough investigation, we concluded that Darmstadt is the right location for this plant expansion project. The investment will contribute to make even better use of existing facilities. In addition, well-trained employees with their local process know-how and many years of specific experience in the construction, operation and maintenance of the existing technology are another decisive advantage for us,” says Dr. Peter Neugebauer, Business Director Specialty Acrylics, Coating & Adhesive Resins.
Company information
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-oriented 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. In fiscal 2018, the enterprise with more than 32,000 employees generated sales of €13.3 billion and an operating profit (adjusted EBITDA) of €2.15 billion from continuing operations.
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 €5.5 billion in 2018 from continuing operations.
Disclaimer
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.