IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Evonik Completes Sale of Saar Ferngas

5:26 AM MST | November 27, 2007 |

Alex Scott

Evonik says today it has completed the sale of its 76.88% stake in gas distribution company Saar Ferngas (Saabrücken, Germany) to ArcelorMittal Group (Luxembourg) for about €367 million ($545 million). The sale follows approval of the deal by various regulatory bodies. “Following the divestment of the gas distribution activities, our energy business area’s portfolio is focused on generating power from hard coal and renewable resources,” says Werner Müller, chairman of Evonik’s board of management...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa