December 15, 2023
Evonik expands its peroxides production network with full acquisition of Thai Peroxide Co., Ltd.
- Former joint venture taken over fully after purchase of 50% share from Aditya Birla Group entities and others
- Acquisition will strengthen Evonik’s hydrogen peroxide and peracetic acid specialties business in Asia Pacific
- Specialty peroxides are used in microchip and solar cell production, wastewater treatment, food safety, and more
About Evonik
Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15.3 billion and an operating profit (adjusted EBITDA) of €1.66 billion in 2023. Evonik goes far beyond chemistry to create innovative, profitable, and sustainable solutions for customers. About 32,000 employees work together for a common purpose: We want to improve life today and tomorrow.
Disclaimer
In so far as forecasts or expectations are expressed in this release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.
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