Evonik completes hydrogen peroxide maker acquisition in Netherlands

Evonik completes hydrogen peroxide maker acquisition in Netherlands

9:29 AM, 3rd November 2015
Evonik completes hydrogen peroxide maker acquisition in Netherlands

ESSEN, GERMANY: Evonik Industries AG said that it has completed acquisition of PeroxyChem Netherlands BV. With the closing of the transaction on 30 October, PeroxyChem has been transferred to Evonik. The transfer includes the H2O2 business with the site in the Netherlands (production and employees) as well the customer portfolio. The company is renamed to Evonik PeroxyChem Netherlands BV.

With the takeover of the business, Evonik will increase its hydrogen peroxide capacity in Europe to more than 250,000 metric tonne per year. Evonik is already producing H2O2 at its sites in Rheinfelden, Germany, Antwerp, Belgium and Weissenstein, Austria.

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