Evonik has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park. Production is scheduled to commence in Q4. No financial details were disclosed.
This completes the upgrade of the company’s global network of five precious metal catalyst plants. Evonik sells the catalysts under the Noblyst P brand name mainly for applications in APIs and agrochemical AIs. China is one of the fastest-growing markets for them.