Evonik supply hydrogen peroxide Canada based Chemical Industry

Evonik to supply hydrogen peroxide to Canada based Chemical Industry

10:08 PM, 1st December 2011
Evonik to supply hydrogen peroxide to Canada based Chemical Industry
Evonik headquarters in Germany

ESSEN, GERMANY:  Evonik Industries has closed the deal to take over the hydrogen peroxide business from Kemira Chemicals Canada Inc. effective to December 1, 2011. The transaction covers the Maitland (Ontario) production plant plus the seller’s customer portfolio, with the Canadian employees also being transferred to Evonik.

“This transaction sees us taking another step in our global growth strategy for hydrogen peroxide,” said Jan Van den Bergh, Head of Advanced Intermediates, the business unit in charge of the hydrogen peroxide business , Evonik. “Our growth strategy is based on new technologies, as is exemplified by our deal in Jilin, China, where we will supply H2O2 to a plant specializing in the chemical direct synthesis of propylene oxide, and by targeted acquisitions like this one in Canada,” he added. Production operations in Maitland will serve primarily to provide supplies of H2O2, an eco-friendly oxidation agent, to the North American cellulose and paper industry.

This puts Evonik among the market leaders of hydrogen peroxide suppliers to the North American market (Canada and the U.S.). The takeover enables Evonik to increase its capacities for H2O2 production in North America by 44,000 metric tons to more than 200,000 metric tons per annum.

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