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Business
Emery, Evonik Start German Projects
by Alex Scott
August 27, 2012
| A version of this story appeared in
Volume 90, Issue 35
The Malaysian oleochemicals firm Emery Oleochemicals has broken ground on a project in Loxstedt, Germany, to expand capacity for plastics additives and build a technical center. The $25 million project, the company’s largest-ever investment at the site, is scheduled for completion by the end of 2013. Separately, Evonik Industries has broken ground on a plant in Marl, Germany, to produce several thousand metric tons per year of hydroxyl-functionalized polybutadiene. Evonik says it will spend approximately $60 million on the project and complete it by mid-2013.
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