Evonik is reducing bureaucracy, streamlining processes and cutting administrative and selling expenses. To achieve the target of permanently reducing the cost base by €200 million by the end of 2020, management and employee representatives have agreed on key points. The associated analysis of all administrative and sales functions has been completed.   “Our goal is to build a best-in-class specialty chemicals company,” said Christian Kullmann, chairman of Evonik’s Board of Management. “To get ...