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![]() Evonik is planning to build a new production complex for the high-performance polymer polyamide 12 (PA 12). The Group intends to increase its overall PA 12 capacity by more than 50 percent. Polyamide 12 is required in attractive growth markets such as the automotive industry, oil and gas pipelines, and in 3D printing. After successful basic engineering, Evonik plans to invest approximately €400 million in the PA 12 complex at its largest site, Marl Chemical Park in North Rhine-Westphalia. The existing PA 12 production is to be supplemented with additional manufacturing facilities for the polymer and its precursors. The complex is expected to become operational in early 2021. The investment will make a substantial contribution to reaching Evonik’s margin goal and will generate an annual cash flow in a three-digit million euro amount over the long term. The project is to be implemented over the course of four years as part of the annual budget for growth investments. The PA 12 market is posting annual growth rates exceeding 5 percent worldwide, significantly outpacing the global gross domestic product. In the specialty application of 3D printing, growth rates even reach double digits. “The demand for polyamide 12 is showing steady, dynamic growth," says Claus Rettig, Chairman of the Board of Management of Evonik Resource Efficiency GmbH. “The planned capacity expansion will further strengthen our leading market position for polyamide 12. For our customers worldwide, our commitment translates into long-term availability and reliability of supply for their existing and future applications.”
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