Evonik Jayhawk and Dixie Chemicals form Collaboration to Develop New Epoxy Thermal Curatives
Evonik Jayhawk Fine Chemicals Corporation and Dixie Chemical Company, Inc. have entered into a joint development agreement in support of the global epoxy market sector. Evonik and Dixie will collaborate on thermal curatives that combine the best attributes of Evonik's JAYHAWK dianhydride and Dixie's monoanhydride competencies. A portfolio of products will be available from Dixie in early 2016.
Borys Schafran, Director, Marketing & Business Development, commented, "We respect Dixie’s expertise in epoxy formulating and applied technology. These new products will not only address ease-of-use, which customers have been asking for, but will also improve the properties of epoxy coatings, molding compounds and composite materials. This is especially important in applications where sustained mechanical, thermal and dielectric properties in adverse conditions over longer periods of time is a must-have requirement."
About Performance Materials
The Performance Materials Segment is managed by Evonik Performance Materials GmbH. The segment focuses its global activities on developing and manufacturing polymer materials and intermediates, especially for use in agriculture and in the rubber and plastics industry. In 2014, the segment’s roughly 4,400 employees generated sales of €3.83 billion.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. In its business activities, which are spread across three segments—Nutrition & Care, Resource Efficiency, and Performance Materials—Evonik’s greatest resources are its innovative prowess and integrated technology platforms. In 2014, over 33,000 employees generated sales of around €12.9 billion and an operating profit (adjusted EBITDA) of about €1.9 billion.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.