Evonik Concentrates Cyanuric Chloride Business in Germany
01.03.2013 -
The strategic focus of Evonik's cyanuric chloride activities will in the future lie on servicing the international plastics, paper, textile and photovoltaics markets. Customers in Europe and North America, the important South American market, and parts of Asia will then be serviced and supplied directly from Germany.
Evonik Industries has by mutual agreement dissolved its joint venture with Chinese partner Sanzheng Fine Chemicals. This comprises the cyanuric chloride plants in Yingkou and Chongqing, which supplied the agrochemicals markets in the region. The decommissioned Chongqing site remains with Evonik.
In 2005 the former Degussa decided to expand its global cyanuric chloride business and established with its Chinese business partner the joint venture Evonik Sanzheng Fine Chemicals Company Evonik held a 65% stake in the joint venture. March 1, 2013