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Offers complementary product portfolios and expand opportunities in North America and Asia.
December 12, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik Industries AG acquired the silica business of the US company J.M. Huber for $630 million. This enables Evonik to expand its position in North America and Asia in this profitable and resilient business. “Huber Silica will significantly strengthen our growth segment Resource Efficiency,” said Klaus Engel, chairman of the Executive Board of Evonik. “In addition, it offers the opportunity to strategically develop Evonik’s portfolio.” “The silica business has been part of Huber since t...
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