Evonik (Essen, Germany; www.evonik.com) will begin preparations for reopening its specialty polyesters production plant located in Mobile, Ala. The revitalization of the plant is scheduled to be completed in 2018 and will have an annual production capacity of several thousand metric tons. The investment will create new jobs in Mobile, where the group currently has more than 800 employees. Specialty polyesters are focused in the reactive hot melt adhesive market and in the pre-coated metal market as a binder for paints, coil coatings and increasingly, in food can coatings.
Dr. Dietmar Wewers, global head of the Coating & Adhesive Resins Business Line at Evonik, said, “As an innovative supplier of high-quality specialty polyesters we strive to provide a global manufacturing footprint for our polyester platform to support projected market growth.”
Demand in the specialty polyester market is driven by the trend towards bisphenol A-free can coating resins. Specialty polyesters are also highly desired in the automotive market, supporting the increased use of adhesives for mixed material bonding and lightweight fuel efficient designs.
Andreas Kripzak, vice president, Coating & Adhesive Resins Americas, added, “As the solutions partner for the coatings, adhesives and packaging industry, we will reinvest in the United States to become a local, reliable supplier fully committed to our customers’ needs and growth.”