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Business
... And Sheds U.K. Site
by Patricia L. Short
December 8, 2008
| A version of this story appeared in
Volume 86, Issue 49
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.
The power is now in your (nitrile gloved) hands
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