In Asia, German chemical company Evonik Industries will be expanding its production capacities for PMMA (polymethyl methacrylate) moulding compounds substantially up into the second half of 2011.
“We’re registering remarkable growth rates for our PMMA business in Asia,” explained Dr. Wolfgang Pöffel, who manages the Molding Compounds Product Line in Evonik Industries’ Performance Polymers Business Unit, “so we’ll be expanding capacities significantly at both of our sites in China and Taiwan.”
The first site to be expanded will be the site in Taichung, Taiwan, has to date produced 40 kilotons of Plexiglas molding compounds for light guide panels used in flat-screen monitors, and demand for these monitors has risen significantly, particularly in Asia, hence the need for expansion.
Following this, the plant in Shanghai, China, will also undergo expansion in 2011. Naturally these changes will mean increased availability of PMMA moulding compounds to Middle East manufacturers