A German chemical manufacturing company plans to launch manufacturing operations in Berkeley County to support the automotive industry, according to a news release from the state Commerce Department.
Evonik Corp. plans to invest $120 million and create more than 50 jobs, the release said. The company’s new facility, located at the Charleston International Manufacturing Center at 1588 Bushy Park Road in Goose Creek, is expected to open by mid-2018.
The Lowcountry facility will produce precipitated silica, which is used by the tire industry to produce tires with wet-grip properties and improved fuel consumption.
Klaus Engel, CEO and chairman of the executive board for Evonik Industries AG, said the new plant will boost the company’s global market position as a silica provider.
“This facility is an important part of our strategy to expand our position as a global partner for the automotive supplier industry,” Engel said.
Evonik produces chemicals for a variety of applications, including adhesives, cleaning products, cosmetics and construction materials. The company employs 33,000 people globally and works in more than 100 countries.
The Coordinating Council for Economic Development has approved job development credits related to the Goose Creek site. A $500,000 grant was also awarded to Berkeley County to assist with the costs of real property improvements.