Evonik Industries Expands precipitated silica Production At Its Maptaphut Site In Thailand

Evonik expands precipitated silica capacity in Thailand

9:13 AM, 23rd July 2013
Evonik Industries Business Expansion
Dr Thomas Haeberle, Member of the Executive Board and responsible for Resource Efficiency Segment, Evonik.

ESSEN, GERMANY: Evonik Industries is expanding precipitated silica capacity at its Maptaphut site in Thailand. With an investment of double-digit million euro range, the expansion is expected to be completed by the first quarter of 2014. The expansion is in accordance with the growing demand for precipitated silica in Southeast Asia.

“The purpose of our expansion strategy is to allow us to support the growth of our key customers in Southeast Asia and around the world. Experts estimate that the worldwide market for low rolling resistance tires will grow by a solid 18 percent each year over the next five years. Evonik has responded by noticeably expanding its global silica capacity. By 2014, its capacity is to grow by roughly 30 per cent over 2010,” said Dr Thomas Haeberle, Member of the Executive Board and responsible for Resource Efficiency Segment, Evonik.

 

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