Flexible Electronics News

Evonik Reports 1H, 2Q 2013 Results

Revises outlook for 2013 in far more challenging market conditions

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By: DAVID SAVASTANO

Editor, Ink World Magazine

“In a challenging global economic environment, Evonik’s business performance in the second quarter was weaker than expected. While volumes increased slightly, earnings were lower, mainly due to declining prices,” said Klaus Engel, chairman of the Executive Board of Evonik Industries AG, when the company published its key financial data on the first half and second quarter of 2013. “We are sticking to our growth plans despite the present development. In the short term,...

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