Evonik to produce metal catalysts in China

Evonik Industries AG has commenced building a catalyst manufacturing plant, producing precious metal powder catalysts, in Shanghai, China. The plant will start operating in the fourth quarter of 2009. According to the company, the pharmaceutical and fine chemicals industries are currently growing at annual rates of more than 15 percent in China - a key advantage of the Shanghai site is its proximity to the Jiangsu and Zhejiang provinces, where a number of pharmaceutical and fine chemical companies are located. In addition, an important aspect of the use of precious metal powder catalysts is precious metal recycling, which Evonik will also offer in China through its existing partnership with Heraeus. This will provide a complete precious metal service enabling customers to optimize their supply chain efficiencies, Evonik added.adidas