Evonik Industries AG (EVKn.DE)

Latest Key Developments (Source: Significant Developments)

RAG Stiftung Committed To Evonik Stake -Statement
Thursday, 6 Jun 2019

June 6 (Reuters) - RAG Stiftung::EVONIK WILL REMAIN IMPORTANT PART OF OUR PORTFOLIO.WILL RETAIN SIGNIFICANT STAKE IN EVONIK.WE FULLY BACK STRATEGY OF EVONIK'S MANAGEMENT.WE EXPECT SUSTAINABLE AND PROFITABLE GROWTH OF EVONIK COMBINED WITH ATTRACTIVE DIVIDENDS. Full Article

RAG Stiftung Committed To Evonik Stake -Evonik Chairman
Tuesday, 28 May 2019

May 28 (Reuters) - Evonik Industries AG chairman::MAJOR SHAREHOLDER RAG STIFTUNG SAID IT DOESN'T INTEND TO REDUCE STAKE IMMEDIATELY AND WILL KEEP SIGNIFICANT STAKE OVER LONG TERM. Full Article

Evonik To Hike Prices For Glycine Product Range
Tuesday, 28 May 2019

May 28 (Reuters) - Evonik Industries AG ::WILL IMPLEMENT A PRICE INCREASE FOR GLYCINE PRODUCT RANGE.PRICE INCREASE OF 12% WILL BE IMPLEMENTED ON A GLOBAL LEVEL.INCREASE OF 12% WILL BE IMPLEMENTED ON A GLOBAL LEVEL.INCREASE FOR GLYCINE EFFECTIVE JULY 1(ST), 2019.IN RESPONSE TO RAPIDLY-ESCALATING COSTS FOR RAW MATERIALS OVER PAST MONTHS, THIS PRICE INCREASE BECAME NECESSARY. Full Article

Evonik Industries AG - Evonik To Support Chinese Anti-Dumping Investigations For Methionine
Wednesday, 10 Apr 2019

April 10 (Reuters) - Evonik Industries AG ::EVONIK TO SUPPORT CHINESE ANTI-DUMPING INVESTIGATIONS FOR METHIONINE.SAYS INVESTIGATION IS SAID TO BE COMPLETED BY APRIL 10, 2020.SAYS PERIOD UNDER CONSIDERATION FOR POSSIBLE DUMPING IS FOR THE CALENDAR YEAR 2018. Full Article

Evonik Industries Expands Production Capacities For Transparent Polyamides In Marl
Monday, 8 Apr 2019

April 8 (Reuters) - EVONIK INDUSTRIES AG ::EXPANDS PRODUCTION CAPACITIES FOR TRANSPARENT POLYAMIDES IN MARL.COMPLETION OF THE PRODUCTION EXPANSION IS PLANNED FOR THE FIRST QUARTER OF 2020. Full Article

Evonik Industries Launches Second Venture Capital Fund With Volume Of EUR 150 Mln
Wednesday, 13 Feb 2019

Feb 13 (Reuters) - EVONIK INDUSTRIES AG ::SECOND VENTURE CAPITAL FUND HAS VOLUME OF EUR 150 MILLION.MORE THAN DOUBLES VENTURE CAPITAL TO ACCELERATE INNOVATION.FUND HAS GLOBAL REACH WITH INVESTMENTS IN EUROPE, NORTH AMERICA, ASIA AND ISRAEL.NEW FUND TO SECURE ACCESS TO DIGITAL TECHNOLOGIES, POTENTIAL ACQUISITION TARGETS AND INNOVATION LEADERS. Full Article

Evonik CEO Eyes Acquisitions - Handelsblatt
Wednesday, 14 Nov 2018

Nov 14 (Reuters) - Evonik Industries AG ::EVONIK CEO TELLS GERMAN PAPER HANDELSBLATT WE HAVE A LIST OF 100 COMPANIES WHICH ARE INTERESTING FOR POTENTIAL ACQUISITION.EVONIK CEO SAYS WE PREFER ACQUISITIONS THAT COMPLETE OUR BUSINESS AND FIT IN EASILY. Full Article

Evonik Says Will Likely Pick Buyer of Methacrylates Unit in Q1
Tuesday, 6 Nov 2018

Nov 6 (Reuters) - Evonik Industries AG ::CFO SAYS GENERAL GROWTH TRENDS IN METHIONINE ARE VERY MUCH INTACT, PRICE ENVIRONMENT IS RELATIVELY STABLE AS EXPECTED.CEO SAYS HAVE ALREADY REALISED ALTERNTIVES TO RIVER SHIPPING TO COMPENSATE FOR SLOWER SHIPPING OF PRODUCTS, RAW MATERIALS DUE TO LOW WATER LEVELS, WILL DEVELOP MORE.CEO SAYS SEEING GOOD AMOUNT OF INTEREST IN METHACRYLATES PLASTICS UNIT, INFO MEMOS WERE SENT EARLY OCT, EXPECT TO PICK BUYER IN Q1. Full Article

Evonik Molding Compound Wins U.S. Approval For Use In Food Industry
Thursday, 13 Sep 2018

Sept 13 (Reuters) - Evonik Industries AG ::TROGAMID CX MOLDING COMPOUND APPROVED FOR FOOD CONTACT IN THE USA.FDA HAS ISSUED FOOD CONTACT NOTIFICATION TO APPROVE EVONIK'S MICROCRYSTALLINE POLYAMIDE TROGAMID CX 7323 FOR FOOD CONTACT.APPROVAL ENABLES COMPANY TO OFFER POLYMER AS BISPHENOL-A (BPA)-FREE MATERIAL ALTERNATIVE FOR APPLICATIONS IN FOOD INDUSTRY. Full Article

Evonik Industries Expands Contract Development And Capabilities In North America
Wednesday, 27 Jun 2018

June 27 (Reuters) - EVONIK INDUSTRIES AG ::ANNOUNCED A EUR 35 MILLION EXPANSION OF ITS CONTRACT DEVELOPMENT AND MANUFACTURING (CDMO) CAPABILITIES IN NORTH AMERICA.EXPANSION OF THE U.S. AND CANADIAN FACILITIES WILL CREATE MORE THAN 50 JOBS. Full Article

Evonik Industries AG News

Barclays names Gruber as chemicals head for Europe and Middle East: source

LONDON Barclays has named Gabriel Gruber as the new head of its chemicals banking team for Europe and the Middle East as it seeks to win more business after advising the likes of Evonik on their recent disposals, a source familiar with the matter said.

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