Keyword: Evonik

News

Germany's Evonik May Curb Spending, Make Acquisitions

08.05.2014 - Evonik, Germany's second-largest chemical producer behind BASF, posted earnings down nearly 25% for the 2014 first quarter and said it may cut its €6 billion investment budget...

News

Lanxess to Realign Operations, Increase Equity by 10%

08.05.2014 - On the eve of Matthias Zachert's first press conference as CEO, German chemical producer Lanxess announced plans for a major overhaul of operations and portfolio, along with an...

News

Total Says LNG Unit Not Now for Sale

29.04.2014 - Total has not put its liquefied petroleum gas unit Totalgaz up for sale, the group said after Paris daily newspaper Les Echos reported that the French oil and petrochemicals major...

Plant Construction & Process Technology

Faster Planning of Process Plants

02.04.2014 - Speed Through Standardization - Chemical company Evonik has been pursuing a holistic approach to plant planning for years. Strictly defined XML files within a very modular working...

News

Global Chemical Industry Presents Mixed Results for 2013

02.04.2014 - Annual results presented by global chemical companies for 2013 showed a diverse picture. This was scant surprise as many were still mired in a transformation process, while others...

News

Kaneka Completes Takeover of BASF’s PVC Additives

01.04.2014 - Kaneka Belgium, subsidiary of Japanese chemical producer Kaneka, has completed the acquisition of BASF's Vinuran acrylate-based PVC impact modifier and processing aids business...

News

Clariant Joins the Chemical Industry Initiative “Together for Sustainability”

28.03.2014 - Clariant announced membership in the chemical industry initiative "Together for Sustainability" (TfS), an organization founded in 2011 and aiming at jointly improving...

News

Evonik Plans to Cut 1,000 Jobs

14.03.2014 - German chemical producer Evonik has announced plans to cut around 1,000 of its 33,000 worldwide jobs over the next year. Speaking at the company's first results press conference...