Issue Date: December 8, 2008
... And Sheds U.K. Site
Evonik's custom synthesis unit is selling its site in Seal Sands, England, to a management buyout team. Headed by Keith Hanson, the site's current general manager, the buyout team has established a new company called Fine Organics. The new company is resurrecting the name of a chemical firm in Seal Sands that was acquired by Laporte in 1984. Laporte was acquired by Degussa in 2001, and Degussa adopted the Evonik name last year.
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