Evonik expands capacity for specialty alcohol ITDA
Evonik has expanded its production capacity for the high-purity C13 alcohol isotridecanol (ITDA) at the Marl Chemical Park.
Essen/Marl. Evonik has expanded its production capacity for the high-purity C13 alcohol isotridecanol (ITDA) at the Marl Chemical Park. This will enable the specialty chemicals group to continue to build on its position as one of the world's most important manufacturers of this product, and to grow with its customers. Due to the outstanding technical properties and high effectiveness of ITDA, global demand has been growing for years.
The high-purity C13 alcohol is an important intermediate product in the production of surface-active substances (so-called surfactants). They are used, for example, in high-quality industrial applications such as cleaning and lubricants. Another application of ITDA is in the form of special esters, found in high-quality paints and lacquer resins.
"ITDA is a real petrochemical specialty. With this quality, which contains almost 100 percent C13 alcohols, we offer our customers a particularly high-quality product," says Hinnerk G. Becker, Market Segment Manager for Specialties at Evonik Performance Intermediates. "In line with our motto 'Chemistry4People®', we offer ITDA, as with all petrochemical specialties, a reliable partnership of equals for both existing and new customers, enhanced by modern digital business and cooperation opportunities".
The optimization of the production-Verbund from the raw material side to the customer's value chain: this is one of Evonik's special areas of expertise. And this is also the basis for this expansion. As a result, Evonik is now in a better position to meet the increased demand for this specific product and to support its customers' growth strategies - not just selectively, but consistently and reliably.
This is also ensured by the sustainable and complete integration of the corresponding raw material flows into the C4 Verbund at the Marl and Antwerp sites. In the spirit of the motto "Chemistry4People®: we create the future of C4Chemistry together with our customers", Evonik is responding, in good time, to changing market conditions and increased customer requirements.
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-oriented innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world. In fiscal 2018, the enterprise with more than 32,000 employees generated sales of €13.3 billion and an operating profit (adjusted EBITDA) of €2.15 billion from continuing operations.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.