Shanghai, China – Evonik Industries has successfully completed the relocation and expansion of its state-of-the-art precious metal powder catalyst plant, located within the Shanghai Chemical Industrial Park (SCIP). The production is poised to commence in the fourth quarter of 2023, marking a significant milestone for the company’s continued growth in the precious metal catalyst market.
Meeting Growing Demand in China
Evonik’s precious metal powder catalysts, marketed under the brand name “Noblyst® P,” have gained substantial recognition in the industrial chemicals, life sciences, and fine chemicals sectors. This expansion initiative reinforces Evonik’s commitment to serving the thriving Chinese market, which stands as one of the foremost markets globally for precious metal powder catalysts.
Dr. Lorenza Sartorelli, the Global Head of Production and technology at Evonik’s Catalysts business line, affirmed the significance of this expansion. “China is one of the most important precious metal powder catalyst markets globally. This expansion enables us to meet local demand with the supply of high-quality products to fast-growing applications like active ingredients for pharmaceuticals or agrochemicals, and other industries where catalyst performance is a main value creator for our customers.”
The new plant in Shanghai adheres rigorously to international safety and quality standards, reflecting Evonik’s unwavering commitment to excellence in catalyst production. This facility leverages Evonik Catalysts’ profound expertise in the precious metal catalyst technology platform, paving the way for optimized production of customized products and a higher standardization of established operational processes. These advancements will result in increased quality consistency, a key benefit for customers relying on Evonik’s catalyst solutions.
With the successful completion of this new plant in Shanghai, Evonik has accomplished the enhancement of its global network of five precious metal catalyst plants. This comprehensive network offers a holistic package, ranging from catalyst customization and joint development to catalyst manufacturing and precious metal management & refining services. Evonik’s commitment to providing end-to-end solutions in the precious metal catalyst sector remains steadfast.
About Evonik Industries’ Smart Materials Division
The Smart Materials division at Evonik comprises businesses specializing in innovative materials that enable resource-saving solutions while replacing conventional materials. These innovative materials serve as a smart response to the pressing challenges of our time, encompassing areas such as environmental sustainability, energy efficiency, urbanization, mobility, and health. In 2022, the Smart Materials division achieved sales of €4.83 billion with the dedicated efforts of approximately 7,900 employees.