IHS Chemical Week

People & Business :: Energy and Feedstocks

Evonik Pledges $3.1 Billion for Energy Program

9:02 AM MDT | April 29, 2008 | Chemical Week Editorial Staff

Evonik Industries will allocate up to €2 billion ($3.1 billion) for energy-related projects through 2010 in its three businesses: chemicals, energy, and real estate. Speaking at the recent Hanover, Germany industrial trade show, Evonik chairman Werner Müller said Evonik through its “top-notch, high-tech products, will contribute toward security of energy supplies and protection of the environment and climate.” Evonik will invest in state-of-the-art power plants and renewable energies, and products for the photovoltaics industry and...

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