Industry News

Evonik Acquires All Interests in Degussa Engineered Carbons

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik Industries has acquired the remaining 50 percent shares in its former carbon black joint venture Degussa Engineered Carbons (DEC)  from ECI. DEC will now be a 100 percent-owned subsidiary of Evonik. “Carbon black is one of our strategic growth areas that we are systematically expanding. This transaction underlines Evonik’s commitment in the North American market and will add significant value to our group,” said Dr. Klaus Engel, member of the Management Board of Evonik and responsible ...

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