Evonik to Divest Its Carbon Black Business

Evonik Industries says it has decided to divest its carbon black business. The company announced last July that it was considering options for the business including divestment. Evonik has engaged an undisclosed investment bank to prepare for the divestment. “Our declared aim is to find a solution that is equally convincing for customers, employees, and business partners,” says Evonik chairman Klaus Engel. “The decision to divest this business provides the best basis for sustained investment in carbon black, new growth prospects, and securing...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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