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Materials

Evonik Invests In Polymer Pipe Firm

by Michael McCoy
October 26, 2015 | A version of this story appeared in Volume 93, Issue 42

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Credit: Evonik
AOG flexible tubing awaits shipment to a customer.
Two giant reels of tube, one yellow, one black.
Credit: Evonik
AOG flexible tubing awaits shipment to a customer.

Evonik Industries has invested an undisclosed sum in the Dutch firm Airborne Oil & Gas, which produces thermoplastic composite pipes for offshore oil and gas applications. The industry’s current pipes are either rigid steel or multiple layers of steel and polymer. AOG says its pipes dispense with steel entirely and thus aren’t susceptible to corrosion. Evonik sees the pipe as an outlet for its nylon 12.

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