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Markets :: Specialty Chemicals :: Lubricants

Evonik Rides the Economic Storm with Capacity Increases for Isobutene and Methionine

2:32 AM MST | November 27, 2008 | Alex Scott

Amid the global economic turmoil and widespread shuttering of chemical plants Evonik Industries has disclosed that it has made a committment to spend tens of millions of dollars to increase production capacity for DL-methionine, and isobutene. Evonik says it plans to triple its isobutene capacity with a new production facility at Antwerp. The plant has a projected annual capacity of 110,000-m.t./year. The facility is scheduled to begin operating in the fourth quarter of 2010. Investment is in the high two-digit millions of Euros, the company says   The...

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