News from Notch Consulting, Inc.

April 27, 2015

Solvay breaks ground on new silica plant in Korea

Filed under: Uncategorized — Tags: — Notch @ 10:21 pm

Solvay (Brussels, Belgium) today announced the construction of a new plant for highly dispersible silica in Gunsan, South Korea. The plant is expected on-stream in 2017 and will have 80,000 tons/year of capacity. Output is intended for energy saving passenger car and truck tire compounds. The facility, which is located in the Saemangeum zone, close to Gunsan in Jeollabuk-do province, will over time replace an important part of the current capacity at Solvay’s silica site in Incheon, which is located in area designated for future residential development.

“This new production platform will be dedicated to silica innovations for Asia. Together with the Silica research facility, part of Solvay’s new R&I Center at the Ehwa University Campus in Seoul, we are well placed to speed up innovations in close cooperation with our regional customers,” said An Nuyttens, President of Solvay’s Silica GBU.

July 1, 2008

Evonik Degussa Raises Silica Prices

Filed under: Silica — Tags: , , — Notch @ 11:40 am

On June 30, 2008, Evonik Industries AG announced that its Inorganic Materials business unit is raising its specialty silica prices in Europe, Africa, Middle East and Latin America. The price increase of 15 percent will become effective on August 1st, 2008.

According to the press release, “Over the last few months, Evonik Degussa has absorbed a major portion of the rising costs, but is no longer able to withstand cost pressures caused by the rise in energy, raw materials, transportation costs and quality requirements.”

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