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

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Courtesy: IMRG

Apparel/Garments | On 23rd Jun 2017

UK online retail sales up only 10.2 pc YoY in May 2017

UK online retail sales were up 10.2 per cent year-on-year (YoY) in...

Courtesy: Radicigroup

Textiles | On 23rd Jun 2017

Radici Chimica focuses on business continuity

Radici Chimica SpA, a strategic RadiciGroup company, is keen on...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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:
June 2017

June 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