News from Notch Consulting, Inc.

November 1, 2010

Evonik Industries moves forward with sale of carbon black business

Filed under: Carbon Black — Notch @ 3:14 pm

According to Chemical Week (subscription required), Evonik Industries has “mandated a bank“ to sell its carbon black business, which was announced in September. During an October 28th press briefing at the K2010 plastics show in Düsseldorf, Evonik Degussa board member Partik Wohlhauser responded to a question from Chemical Week by confirming that the company had chosen a bank to conduct the sale but declined to identify which one. “We have analysed different options for that business,” he said, according to CW, “and came to the conclusion that the best option is to sell that business.”

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