Evonik recently announced that it will be increasing its production capabilities for polyalkylmethacrylate-based viscosity modifiers to meet rising demand. The increase in production capabilities will be realized through plant expansion projects and debottlenecking operations.
The projects will expand the company’s annual polyalkylmethacrylate (PAMA) capacity by 15 percent. Half of the capacity increase has already been implemented, with the remainder scheduled for completion in 2021.
The expanded production capacity is part of Evonik’s efforts to grow its oil additives business for specialty applications. The company currently has a global production footprint with plants in North America, Europe and Asia.
“Increasing our production capacity shows our commitment to providing the lubricants industry with technology that significantly contributes to efficiency gains for our customers serving the automotive and industrial markets,” said Doris Schmidt, senior vice president of Evonik’s oil additives business line.
Evonik’s DRIVON and NUFLUX technologies are designed to improve fuel and energy efficiency in engine oils, driveline fluids and gear oils, while the DYNAVIS technology is intended for hydraulic fluids to help industrial and off-highway equipment achieve fuel and energy savings as well as increased productivity. The company’s oil additives business also specializes in high-performance additives and technologies for fuels and refinery products.
For more information, visit www.evonik.com.