Formerra Partners With Evonik for Expansion of High-Performance Nylons
The company will distribute several of Evonik’s Vestamid materials in the U.S., Canada and Puerto Rico.
Formerra has entered into a strategic partnership with Evonik, a global provider of nylon 12 and high-performance nylons, which enables Formerra to distribute Evonik’s nylons and sustainable materials in the U.S., Canada and Puerto Rico. Additionally, these materials are accessible in Mexico courtesy of Formerra's recent acquisition of Suministro de Especialidades.
Specifically, Formerra will distribute the following materials:
• Vestamid L nylon 12
• Vestamid E nylon 12 elastomer
• Vestamid D nylon 612
• Trogamid CX (transparent and microcrystalline nylons)
Sustainable grades:
• Vestamid eCO (nylon12)
• Vestamid RFP (nylon12)
• Vestamid Terra (nylons 610 and 1010)
Evonik’s materials enable Formerra to enter new markets such as aerospace and oil & gas. Evonik will play a key role in helping Formerra to accomplish this growth. In addition, Formerra will be able to support current and future customers with logistics, warehousing, technical service and speed to market.
Says Formerra Vice President of Operations Doug Zupan, “Joining forces with Evonik empowers us to supply top-tier materials for critical applications in automotive, aerospace, and industrial sectors. Evonik’s reputation in high-performance polyamide production and their commitment to sustainable solutions resonate with our vision of offering customers the best cutting-edge material options.”
Related Content
-
Prices Bottom Out for Volume Resins?
Flat-to-down trajectory underway for fourth quarter for commodity resins.
-
Prices Up for All Volume Resins
First quarter was ending up with upward pricing, primarily due to higher feedstock costs and not supply/demand fundamentals.
-
Prices of Volume Resins Drop--Except for PE
The downward trajectory appears to be continuing into the first quarter for most resin prices, though PE and possibly PP may remain somewhat stable.