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Evonik Creates Health Care Business

11:59 AM MDT | August 29, 2011 | —natasha alperowicz

Evonik Industries says it will combine three operations into a newly created health care business. Evonik’s operations in the custom manufacturing of active ingredients will be combined with the Rexim pharmaceutical amino acids unit and pharmaceutical polymers business, effective September 1. The new business will form part of Evonik’s health and nutrition unit, headed by Reiner Beste. The reorganization is designed to help Evonik meet customer needs more effectively. “By concentrating our pharmaceutical activities in the health care business...

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