Evonik closes purchase of hydrogen peroxide producer in the Netherlands
• Capacity expansion in the European market
• Eco-friendly product with a wide application range
• Specific growth in one of Evonik’s core businesses
Evonik has completed the process of the acquisition of PeroxyChem Netherlands B.V., Delfzijl, to become a fully owned company of the Evonik Group. With the Closing of the transaction on October 30th, 2015 PeroxyChem Netherlands B.V. has been transferred to Evonik. The transfer includes the H2O2 business with the site in the Netherlands (production and employees) as well as the customer portfolio. The company is renamed to Evonik Peroxide Netherlands B.V.
The addition of the Delfzijl plant will strengthen Evonik’s hydrogen peroxide business and enables the specialty chemicals company to meet the anticipated demand in the region while improving the service to customers. With the takeover of the business, Evonik will increase its hydrogen peroxide capacity in Europe to more than 250,000 metric tons per year. Evonik is already producing H2O2 at its sites in Rheinfelden, Germany, Antwerp, Belgium and Weißenstein, Austria.
About Resource Efficiency
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and supplies high performance materials for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 7,800 employees, and generated sales of around €4 billion in 2014.
About Evonik
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. In its business activities, which are spread across three segments—Nutrition & Care, Resource Efficiency, and Performance Materials—Evonik’s greatest resources are its innovative prowess and integrated technology platforms. In 2014, over 33,000 employees generated sales of around €12.9 billion and an operating profit (adjusted EBITDA) of about €1.9 billion.
Disclaimer
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.