Issue Date: March 7, 2016
Evonik plans for continued growth
Expecting a bright 2016 following release of strong 2015 results, Evonik Industries has bought one business and is investing in two others. To bolster its nutrition business, it has acquired MedPalett, a Norwegian maker of food ingredients containing anthocyanin antioxidants extracted from bilberries and black currants. Evonik has started engineering on a world-scale plant in Singapore to make the animal feed additive methionine. And it plans to double capacity to make hollow-fiber gas separation membrane modules in Austria.
- Chemical & Engineering News
- ISSN 0009-2347
- Copyright © American Chemical Society