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Evonik Establishes Independent Carbon Black Company

German chemical company Evonik has recently launched a new independent company specialising in carbon black production. Evonik Carbon Black GmbH is now the second-largest producer of carbon black in the world, with 17 sites in 12 countries on four continents. The products are used mainly as reinforcing fillers in the rubber industry (for tyres and industrial rubber goods) and as pigment blacks in, for example, plastics, specialty coatings, and colorants.

Chairman of the board is Jack Clem and Rainer Wobbe will take over the position of the chief financial officer. The operational headquarters of the company, currently in Frankfurt, will move to Hanau-Wolfgang on October 1st. Despite the changes, there will be no effect on the product list or the relationships with existing customers.

The change may come as one of many, as Evonik is currently examining three strategic options to develop its business further. The possibilities extend from optimization as an independent market unit, through a partnership solution, to sale of the business. One of these three options will be decided upon before the end of the second half of the year.




Company:
Evonik Industries
Telephone:+49 2365 49-9878
Email:ursula.keil@evonik.com
Web:www.evonik.com
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