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Former joint venture taken over fully after purchase of 50% share from Aditya Birla Group entities and others.
January 11, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Evonik has announced the full takeover of former joint venture Thai Peroxide Company Limited (TPL), located in Saraburi, Thailand. With the acquisition, which closed on Dec. 15, 2023, the global peroxides producer is expanding its offer of specialty-grade hydrogen peroxide and peracetic acid in the fast-growing Asia Pacific market. The move supports Evonik’s Active Oxygens business line in pursuing its strategic focus on specialties for future-forward applications. TPL is a major regional sup...
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