13 November 2012 11:56 [Source: ICIS news]
LONDON (ICIS)--Evonik is in the process of ramping up its production capacity for precipitated silica in anticipation of strong demand for use in fuel-efficient tyres, the German chemicals company said on Tuesday.
The expansion of its global precipitated silica facilities is intended to increase Evonik’s production levels of the material by 30% by 2014, compared its capacity in 2010, the company said.
The decision has been driven by measures such as the EU’s new tyre efficiency labelling requirements, which came into effect on 1 November this year, according to the company."We’ve committed to expanding our capacities worldwide by about 30% by 2014, as compared to 2010. Right now, we’re already about halfway there,” said Thomas Haeberle, executive board member responsible for resource efficiency, Evonik
Belgian chemicals producer Solvay recently completed an expansion of its dispersible silica production capacity in France in an anticipation of increased demand for energy efficient tyres.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections