Wood Boosts Chemical Business With New Deals in Germany

Wood will supply Essen-based Evonik with engineering, procurement and development administration companies for a brand new polyamide 12 manufacturing advanced on the Marl Chemical Park.

The brand new facility will complement the prevailing PA12 manufacturing plant, without disrupting modern manufacturing. Dave Stewart, CEO of Wooden’s Asset Options enterprise in Europe, Africa, Asia, and Australia, stated: “This award marks essential to progress in our technique to develop our chemical compounds enterprise and experience throughout Europe.

“Wooden is dedicated to the protected, dependable and profitable supply of this primary mission supporting Evonik to realize future PA12 manufacturing targets.

“We look ahead to constructing our partnership with this key buyer within the downstream sector, leveraging our information and understanding of Evonik’s operations to work in shut collaboration.”

Ralf Dussel, head of the excessive-efficiency polymers enterprise at Evonik, feedback: “That is

Evonik’s largest funding in Germany up to now, valued at roughly €400 million, and it’s anticipated to extend the Group’s total capability for PA12 by greater than 50 %. In Wooden, we now have contracted a well-known, globally energetic professional company’s supplier, for the practical implementation of such a difficult venture.”

The undertaking shall be executed by Wooden’s capital initiatives crew based mostly in Milan, Italy and is predicted to be accomplished within the first quarter of 2021.