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Evonik Industries AG (EVKn.DE)

EVKn.DE on Xetra

29 May 2017
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€0.10 (+0.34%)
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Latest Key Developments (Source: Significant Developments)

Evonik CEO sees no major disadvantages from U.S. policies
Tuesday, 23 May 2017 04:42am EDT 

May 23 (Reuters) - Evonik CEO at AGM:Says doesn't expect any major advantages or disadvantages from new u.s. Administration policies.Says chemical sector will see further consolidation.  Full Article

Evonik CEO says is on track to reach full-year targets
Tuesday, 23 May 2017 04:39am EDT 

May 23 (Reuters) - Evonik :CEO says is on track to reach full-year targets.  Full Article

Evonik's focus this yr on integrating Air Products, Huber businesses
Friday, 5 May 2017 06:00am EDT 

May 5 (Reuters) - Evonik CFO in analyst call:Says this year's focus is clearly on integrating Air Products <<>> businesses and Huber deal when concluded.Says future growth strategy based on innovation, organic investment, targeted M&A.Says still has sizeable overcapacity in superabsorbents, market will grow into that in 1-2 years.  Full Article

Evonik and Rajburi Sugar open 1st Asiab demonstration plant for isomalt
Thursday, 13 Apr 2017 04:05am EDT 

Evonik Industries AG : Evonik and Rajburi Sugar open first Asian demonstration plant for sugar substitute isomalt . The facility will employ a special, high-yield production process developed and patented by Evonik .Total investment is in the low single-digit million euro range.  Full Article

Evonik Industries buys Dr. Straetmans GmbH
Monday, 13 Mar 2017 06:00am EDT 

Evonik Industries AG : Acquires specialist in alternative preservation systems for cosmetic products (Dr. Straetmans GmbH) from Hamburg, Germany . Contracting parties have agreed not to disclose purchase price amount .Acquisition allows offering complete formulation solutions.  Full Article

DSM and Evonik establish joint venture for Omega-3 fatty acids
Wednesday, 8 Mar 2017 02:00am EST 

Koninklijke DSM NV : DSM and Evonik establish joint venture for Omega-3 fatty acids from natural marine algae for animal nutrition . Nutritional products and Evonik nutrition & care will each hold a 50 percent share in joint venture . Evonik to co-own production facility, which will be built at an existing site of evonik and is expected to come on stream in 2019 . Joint venture plans to invest around USD 200 million in facility (USD 100 million by each party over circa 2 years) .Set-Up of joint venture, to be named Veramaris and headquartered in the Netherlands.  Full Article

Evonik and Forward Engineering establish joint venture VESTARO
Tuesday, 7 Mar 2017 05:12am EST 

Evonik Industries AG : Evonik and Forward Engineering establish joint venture VESTARO . Two companies intend to drive forward the implementation of composite solutions for the industrial mass production of fiber composite components for the automotive industry .Vestaro is to be managed jointly by Evonik and Forward Engineering, with Evonik holding 49 percent of the shares and Forward Engineering 51 percent.  Full Article

Evonik CEO says acquisitions remain part of our strategy
Thursday, 2 Mar 2017 04:56am EST 

Evonik Industries CEO tells journalists: Evonik CEO says acquisitions remain part of our strategy Further company coverage: [EVKn.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Evonik Industries says supervisory board approves management changes
Wednesday, 1 Mar 2017 06:42am EST 

Evonik Industries AG : Changes in the executive board of Evonik Industries . Has consented to amicable premature termination of board position of chairman of executive board, Klaus Engel, with effect from end of annual shareholders' meeting on May 23, 2017 . Current deputy chairman of executive board, Christian Kullmann, has been appointed as successor chairman of executive board . Has resolved to appoint a new deputy chairman of executive board being responsible for chemistry and innovation. Harald Schwager shall be appointed with effect of September 1, 2017 .Prior to full supervisory board approval, the management reshuffle was reported on Monday [nL5N1GC2SR].  Full Article

Evonik Industries invests in US-based Nanotech Industrial Solutions
Wednesday, 18 Jan 2017 08:00am EST 

Evonik Industries Ag : Invests in Nanotech Industrial Solutions Inc, now holds a minority share in the company .Venture Capital investment includes commercial agreement.  Full Article

More From Around the Web

Evonik Q1 core profit up 8 pct on demand for tyre silica, additives

FRANKFURT, May 5 German's Evonik on Friday reported an 8 percent increase in adjusted core profit for the first quarter, bolstered by high demand for specialty chemicals such as coating additives and silica for tyres.