Home / Knowledge / News / Textiles / Evonik acquires Kemira's hydrogen peroxide business
Evonik acquires Kemira's hydrogen peroxide business
01
Nov '11
Evonik Industries purchased the hydrogen peroxide business of Kemira Chemicals Canada Inc. The transaction includes the production plant in Maitland (Ontario, Canada) and the customer portfolio. It also covers the employees at the site.

This makes Evonik one of the market leaders for hydrogen peroxide in North America (Canada and USA). With the takeover of the business, the company will increase its H2O2 capacity in North America by 44,000 metric tons to more than 200,000 metric tons per year. Evonik is already producing H2O2 there at the Gibbons (Alberta, Canada) and Mobile (Alabama, USA) sites.

"In taking over the Maitland production business, we're moving a step forward in our global growth strategy for hydrogen peroxide," said Dr. Dahai Yu, a member of Evonik's Executive Board. Only recently, Evonik decided to construct a new H2O2 plant in Jilin, China, which is expected to come on stream at the end of 2013 with an annual capacity of 230,000 metric tons. With its current total capacity of more than 600,000 metric tons per year, Evonik is already a leading global supplier of hydrogen peroxide.

The output from Maitland will supply mainly the North American pulp and paper industry with H2O2 as an eco-friendly oxidant.

"In our growth strategy, we give great importance to new technologies, as in Jilin, where we will supply H2O2 to a plant producing propylene oxide by direct chemical synthesis, and to selective acquisitions, as now in Maitland," said Jan Van den Bergh, head of Evonik's Advanced Intermediates Business Unit.

"With our new site, we are now geographically very well positioned also in North America, and can achieve even better proximity to our customers."
Company information

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. In 2010 about 80 percent of the Group's chemicals sales came from activities where it ranks among the market leaders.

Kemira is a global two billion euro water chemistry company that is focused on serving customers in water-intensive industries.

Evonik Industries AG

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X