Dr Dahai Yu, Member of Executive Board, Evonik.
LIAOYANG, CHINA: Evonik Industries opened Evonik Tianda Chemical Additive Ltd (ETL) in Liaoyang, China. ETL, a joint venture between Evonik China and Tianda Electrical Company, moved to the North China multi-user-site of Evonik in September 2010. ETL produces triacetonamine derivatives (TAA derivatives), which are recognized as essential building blocks for the production of hindered amine light stabilizer.
Demand for TAA derivatives has kept rising for several years. The new plant will give the flexibility to cater for the market needs in China and offers reliability of supply. Evonik is a leading global producer of TAA and its derivatives. It offers a wide range of its derivatives and also tailors molecules based on TAA. Apart from the plant in Liaoyang, Evonik has further production capacities at Marl Chemical Park in Germany.
“Our investment in Liaoyang is a key aspect of our global growth strategy. As a leading supplier of specialty chemicals, we focus on fast-growing megatrends such as health, nutrition, resource efficiency and globalization as well as appealing markets of tomorrow,” said Dr Dahai Yu, Member of Executive Board, Evonik.
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