Evonik increases additive capacities for architectural paints
- Capacity expansion in Europe for TEGO® Phobe and TEGO® Viscoplus
- Increased global supply security supports customer requirements
Essen, Germany. Evonik's Coating Additives business line is increasing capacities of two additive product groups for architectural paints: TEGO® Phobe hydrophobing agents and TEGO® Viscoplus polyurethane thickeners. The new capacities will be available from October.
"The capacity increase is our response to the increased demand for additives for architectural paints," says Nadia Lenhardt, head of the Decorative Coatings market segment in EMEA. "The additional capacity in Europe will not only increase European, but also global supply security."
Hydrophobing agents are primarily used to give facade paints a water-repellent finish. Emulsions based on silicone resins such as TEGO® Phobe 1659 are characterized by a particularly efficient reduction in water absorption. Polysiloxanes such as TEGO® Phobe 1409 produce a very good water-beading effect.
The TEGO® Viscoplus product range includes polyurethane thickeners that cover all relevant customer requirements. The TEGO® Viscoplus products are liquid and contain no organic solvents. The different products can be easily combined with each other due to their high compatibility.
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Company information
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.38 billion in 2021. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. About 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.
About Specialty Additives
The Specialty Additives division combines the businesses of versatile additives and high-performance crosslinkers. They make end products more valuable, more durable, save more energy and simply better. As formulation experts in fast growing markets such as coatings, mobility, infrastructure and consumer goods, Specialty Additives combines a small amount with a big effect. With its 3,700 employees the division generated sales of €3.71 billion in 2021.
Disclaimer
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.