MOSCOW (MRC) -- Evonik Industries AG combined its isophorone chemistry and epoxy curing agents business in the new Crosslinkers Business Line effective July 1, 2017. The newly formed Business Line, headed by Min Chong, will be part of the Resource Efficiency Segment, as per the company's press release.
With the acquisition of the Air Product's epoxy curing agents business and Evonik's long-time experience in isophorone chemistry, Evonik has a very broad technology platform and expertise in crosslinker technology.
The new Crosslinkers Business Line offers a broad range of products and competences for coatings and adhesives, civil engineering as well as for high-performance elastomers and composites.
Evonik is the pioneer in isophorone chemistry and covers the entire value chain: isophorone, diamine, as well as di-isocyanate and polyisocyanate.
Additionally the product portfolio contains a full tool box of amine curing agents for ambient and heat cure applications. The products are mainly used in industrial applications due to the mechanical strength, durability, chemical resistance and excellent adhesion properties.
"Combining both businesses to one new unit gives Evonik the chance to offer a variety of products for epoxy and polyurethane applications under one roof now - be it basic amines, isocyanate monomers, polyisocyanates or formulated epoxy hardeners", Dr. Claus Rettig, Chairman of the Board of Management, Evonik Resource Efficiency GmbH.
"Apart from the organizational change, safety and meeting the needs of our customers continues to remain our first priority", Min Chong, head of the new Business Line Crosslinkers. "We see ourselves as a partner; interested in developing next-generation product solutions together with our customers. A broad technology platform serves as the basis for further growth and successful collaboration."
The Business Line has a total of about 1.000 employees worldwide. Production facilities in Europe, North America, and Asia ensure optimal proximity to markets and customers and open up attractive growth opportunities.
As MRC informed previously, Evonik Resource Efficiency will invest in a capacity expansion of its performance foams business at its production site in Darmstadt, Germany. The investment will increase the output of the facility by about 20% as a first step. The Group will be adding production equipment to its operations complex that manufactures products marketed under the Rohacell brand. The expanded production capacity is expected to be operational by the second half of 2017.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world.
MRC