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Evonik Plans to Reorganize Group Structure

Chemicals segments to be given greater entrepreneurial independence as separate legal entities

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By: DAVID SAVASTANO

Editor, Ink World Magazine

The Executive Board of Evonik Industries AG presented its plans to reorganize the Group structure to the Supervisory Board. The Executive Board wants to concentrate more on Evonik’s strategic development within a management holding structure.   The plan is for the three operating segments, Consumer, Health & Nutrition, Resource Efficiency, and Specialty Materials, to become three fully functional legal entities operating as limited liability companies. This would give them far greater entrep...

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