Evonik, one of the world leaders in specialty chemicals, announced that a new specialty silicon plant in Shanghai, China for production of wide range of organically modified specialty silicones has been successfully started up.
Evonik awarded WorleyParsons China with Detailed Design, Engineering, Procurement and Construction Management (EPCM) of its new silicones Plant. Through the effective integration execution model, our project execution team in Shanghai together with the Evonik team successfully delivered a project that was on schedule, within budget and without a single recordable occupational accident.
The products, which are manufactured in batch processes, are used in, for example, polyurethane, paints, and coatings applications as well as in a variety of industrial applications.
“The plant is yet another important cornerstone in Evonik’s growth strategy,” said Christian Kullmann, chairman of the Executive Board of Evonik. “We’re focusing on businesses with a clear orientation toward specialty chemicals and on powerful innovations to significantly increase the value of the company.”
Organically modified specialty silicones form part of specialty additives. This is one of four growth engines in which the Essen-based industrial group sees above-average potential for growth and margins.
“We are looking forward to a long and prosperous relationship with Evonik and appreciate the trust we received throughout the development of the project. I would like to congratulate the project team for this great achievement via all their hard work and efforts”, commented Karl Qiu, president of WorleyParsons China.