Evonik's PLEXIGLAS® business on an expansion spree in Russia

As part of its strategy to develop the PLEXIGLAS® business within the Russian Federation (RF), Evonik Industries and its Russian JV DESTEK Ltd. have decided to nearly triple the existing extrusion capacity at the companies' Podolsk production facility. DESTEK is operating currently at capacity and the launch of a second extrusion line will give customers better access to locally manufactured, high-quality PLEXIGLAS® extruded sheets. For cast acrylic sheets customers, DESTEK is establishing a local inventory of PLEXIGLAS® cast sheets manufactured at other sites in Evonik's global production network. The material is available at the Podolsk production facility to meet increasingly strict quality requirements in cast sheets and to reduce lead times. DESTEK began operating in Russia in 2003. With this announced expansion activities, the company is underlining the importance of its presence in Russia and its faith in the stability and growth potential of the local market.
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