Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Evonik acquires Degussa Engineered - Coatings World

What are you searching for?

Sign in
Suppliers News

Evonik acquires Degussa Engineered

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Evonik Industries has acquired the remaining 50% share in its former carbon black joint venture Degussa Engineered Carbons (DEC) from ECI. DEC will now be a 100% owned subsidiary of Evonik. Financial details of the transaction will not be disclosed.
“Carbon black is one of our strategic growth areas that we are systematically expanding,” said Klaus Engel, member of the management board of Evonik and responsible for the chemicals business area. “This transaction underlies Evonik’s commitment in the North American market and will add significant value to our group.”
In 2002 Evonik and ECI formed the joint venture to combine their carbon black businesses in North America.

Add us as a preferred source on Google

Get the latest Coatings World news, insights and analysis in your Google Search and AI experiences.

Add Coatings World as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Coatings World Newsletters