Evonik Expands in Japan
Evonik Industries recently announced the expansion of its specialty silica capacities in Ako, Japan, through a holding in DSL Japan Co. Ltd. (DSL). Evonik holds 51% of shares in DSL, a joint venture with the Japanese Shionogi & Co. Ltd. The expansion, with an investment volume in the single-digit million euro range, is scheduled to become operational in 2015.
“This capacity expansion in Japan will continue to strengthen the specialty character of our silica business,” said Patrik Wohlhauser, member of the Evonik Industries Executive Board and chief operating officer.
For more information, visit www.evonik.com.