RAG subsidiary Degussa announces further investments

摘要

Degussa plans to invest a total of EUR 2.2 billion in property,plant,and equipment during the period 2007-2009.About one third of this amount,more than EUR 700 million,will flow into developing the three large integrated facilities producing,among other things,raw materials for novel coatings.The integrated production systems for methacrylate at the Degussa sites in Shanghai,Fortier(USA),Worms,and Wes-seling(both Germany),for isophorone in Heme(Germany)and Mobile(USA),and for silicones in Essen and Hopewell(USA)provide a secure base for the manufacture of raw materials for paint and coating systems and other products.