Evonik increases additive capacities for architectural paints
Evonik’s Coating Additives business line is increasing capacities of two additive product groups for architectural paints: hydrophobing agents and polyurethane thickeners. The new capacities will be available from October.
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of EUR 15 billion and an operating profit (adjusted EBITDA) of EUR 2.38 billion in 2021.
“Increased demand for additives for architectural paints”
The capacity increase is our response to the increased demand for additives for architectural paints,” says Nadia Lenhardt, head of the Decorative Coatings market segment in EMEA. “The additional capacity in Europe will not only increase European, but also global supply security.”
