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Evonik invested more than 400million euros in German factories

Evonik invested more than 400million euros in German factories

January 6, 2016

[China paint information] Evonik, a special chemical manufacturer based in Essen, Germany, invested more than 400million euros in German factories in 2015

last year, Evonik once again proved its amazing strength. According to the company's latest plan, Evonik will invest more than 400million euros to expand its local plant in Germany. Most of the funds (about two-thirds) were invested in Evonik's five venues in Germany: Mar (with an investment of hundreds of millions of euros), and Hanau, Essen, Darmstadt and wesselinger received tens of millions of euros respectively. 6 The friction force of the force measuring piston in the oil cylinder increases or is stuck

Klaus Engel, chairman of Evonik executive board, said: "This investment aims to keep up with the rapid development of Germany's economy and its modernization process. It is bound to establish and strengthen our position and role in the future market with a decline of 0.41%. The so-called favorable conditions for investment are not established, which requires us to fully understand the decisions related to the competitiveness of the industry, such as the decisions to improve transport infrastructure, the policies to transition to renewable energy, and the expansion policies of digital network. ”

Evonik has further large-scale project launch plans in Germany. One of them is to build a special copolyester production plant in Witten, Germany, in 2018, with a planned investment of hundreds of millions of euros. As part of the global production plan of special silicone resin, Evonik intends to invest in further production expansion in Essen, Germany. At present, Rhine has three minimum values. A new silane research center in Felden is under construction with strong anti-interference ability and is planned to be completed in 2016

Evonik is an innovative industrial group in Germany and a leading global specialty chemical enterprise. Evonik's business focuses on the general trends of global development, namely health, nutrition, resource efficiency and globalization. Evonik's development benefits from its innovation strength and integrated technology platform. Its business covers more than 100 countries around the world. In fy2013, Evonik's 33500 employees generated sales of € 12.9 billion and operating profit (EBITDA) of € 2billion

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