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$447.8M reorganization coming to Evonik's nylon business

Evonik Industries is embarking on a $447.8 million strategy to reorganize its nylon assets -- specifically, its high-performance polymers. The process, which will allow Evonik to focus on specialty uses for the materials, includes plans to build a new nylon 12 plant in Germany and to double the production of transparent nylons.

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