Evonik Industries AG (EVKn.DE)
24 Apr 2018
* In drive to overcome weak stock-market valuation (Adds details on unit to be divested, 2018 guidance)
FRANKFURT, Feb 28 The chairman of Evonik's supervisory board, Werner Mueller, will step down for health reasons, Evonik's biggest shareholder said on Wednesday.
FRANKFURT Evonik has become the latest German chemical maker seeking to convert excess renewable power into chemical building blocks that would normally require oil, harnessing erratic flows of wind and solar power in the country.
* EVONIK AND FUFENG GROUP ENTER STRATEGIC PARTNERSHIP FOR THE PRODUCTION OF THREAMINO®
* SAYS TO ACQUIRE HIGH-CONCENTRATES ADDITIVE COMPOUNDING BUSINESS FROM 3M http://bit.ly/2nazicJ Further company coverage:
Nov 2 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:
DUESSELDORF, Germany, Nov 2 German specialty chemicals maker Evonik is currently not interested in buying Swiss peer Clariant or any of its parts, a person familiar with Evonik said, citing a lack of strategic fit and high prices the assets would command.