Keyword: Evonik

News

Evonik Agrees PeroxyChem Buy for $625 Million

12.11.2018 - Evonik has agreed to buy US hydrogen peroxide (H2O2) and peracetic acid (PAA) producer PeroxyChem from One Equity Partners for $625 million. The deal, set to close by mid-2019...

News

Evonik Starts US Precipitated Silica Plant

18.10.2018 - German chemical producer Evonik has started up its new plant producing precipitated silica plant for the tire industry in the US state of South Carolina. The company said the world...

News

Evonik Forms Care Solutions Business Unit

30.09.2018 - Evonik is merging its Personal Care and Household Care businesses with its associated oleochemistry platform to form a new Care Solutions business unit. The business, which will...

Plant Construction & Process Technology

M&A in Pharma and CRO/CMO Industry

19.09.2018 - Recently, the pharmaceutical contract development and manufacturing organization (CDMO) industry has been extremely active in M&A, as is the pharma and generics industry itself...

News

Evonik Sells US Jayhawk Site to Permira

06.09.2018 - Evonik is selling its Jayhawk site in Galena, Kansas, USA, as it takes the next step to focus on specialty chemicals. The German group has agreed a share deal under which funds...

News

Evonik and Wynca in China Fumed Silica JV

28.08.2018 - Evonik Industries is forming a joint venture with China’s Wynca to produce fumed silica. The German group will hold a 60% stake in the jv Evonik Wynca (Zhenjiang) Silicon Material...

News

Evonik to cut 1,000 Jobs up to 2020

03.07.2018 - As part of a corporate efficiency drive, German chemical producer Evonik is streamlining its administrative and sales workforce and intends to eliminate as many as 1,000 jobs up to...

News

Linde and Evonik partner on gas processing

28.06.2018 - German gases and engineering group Linde and compatriot chemical producer Evonik have signed an exclusive agreement to cooperate on the use of membranes for natural gas processing...