Industry News, Mergers and Acquisitions, Suppliers News

Evonik Sells Lülsdorf Site to ICIG

First step in the divestment of Performance Materials.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Evonik is selling its site in Lülsdorf, Germany, and the associated cyanuric chloride business in Wesseling, Germany, to International Chemical Investors Group. The parties have agreed not to disclose the purchase price. Lülsdorf is a substantial part of the Functional Solutions business line within Evonik’s Performance Materials division. Transfer of ownership is scheduled for mid-2023. The closing of the transaction is subject to antitrust clearance and approval by the competent Evonik comm...

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