Industry News, Suppliers News

Evonik Aligns Two Business Lines with New Growth Strategy

Coating & Adhesive Resins and Health Care to be extensively reorganized, while businesses out-side core areas are to be sold or discontinued.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik is reorganizing two business lines to strengthen their growth prospects. Coating & Adhe-sive Resins and Health Care will focus on and concentrate future investments in their respective core businesses. The remaining businesses outside these cores are to be sold to new owners or incorporated into partnerships. In individual cases, businesses are to be discontinued in a socially responsible manner. In total, businesses affected by these changes generate sales of €350 million. “Our...

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