Evonik opens new shared financial services centre in Malaysia

Evonik opens new shared financial services centre in Malaysia

4:53 AM, 21st May 2016
Evonik opens new shared financial services centre in Malaysia
Evonik Industries executives at the opening ceremony of the centre in Malaysia.

SELANGOR, MALAYSIA: Evonik Industries AG opened its new shared financial services centre in Selangor, Malaysia. By providing financial services to all Evonik corporations in the Asia-Pacific region, the shared financial services centre has created more than 90 job opportunities in Malaysia.

As part of Evonik’s global network of shared service organisations, the shared financial services centre provides functional services in the areas of finance services delivery, such as accounts payables, accounts receivable general ledger, fixed assets accounting and cost accounting to Evonik Group companies across 13 countries and territories in the Asia-Pacific region.

“The establishment of the shared financial services centre for the Asia-Pacific region in Malaysia is an important milestone for Evonik, it will further strengthen the competitive position of the company and optimise the quality of existing administrative processes,” said Ute Wolf, chief financial officer of Evonik Industries AG.

“Evonik has been active in Malaysia for many years, with our strong presence in the country, this new office will continue to build on the successes that our businesses have already achieved over the past years,” said Peter Meinshausen, regional president of Evonik South East Asia, Australia and New Zealand.

“The opening of our new office in Malaysia will provide training and career opportunities for graduates and professionals, and I am proud to announce that Evonik has already created more than 90 positions for the locals,” said Dr Ibrahim Idris, country head and managing director of Evonik Malaysia.

© Worldofchemicals News

Read the latest news from Evonik:

Evonik to pay $3.8 billion for Air Products’ performance materials unit



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

BP sells 11.5 pc stake in Castrol India

LONDON, UK: BP Plc sells 11.5 percent stake in its Indian subsidiary, Castrol India Ltd to a range of domestic and international investors. Previously ...

Read more
Bayer sells certain parts of environmental science unit to SBM

MONHEIM, GERMANY/LYON, FRANCE: Bayer AG has signed an agreement to sell its consumer business of the environmental science unit to SBM Developpement ( ...

Read more
Clariant launches new guard for methanol synthesis catalysts

SHANGHAI, CHINA: Clariant SA has launched MegaGuard 700 catalyst guard, designed to protect methanol synthesis catalysts, such as those of Clariant's ...

Read more
Solvay, Eastman Chemical to end Primester joint venture partnership

BRUSSELS, BELGIUM: Solvay SA and Eastman Chemical Company have signed a definitive agreement to end their 50/50 cellulose acetate production joint ven ...

Read more
Flint Group acquires American Inks and Coatings in US

PLYMOUTH, US: Flint Group has acquired American Inks and Coatings (AIC) based in Pine Bluff, US. This investment is an important part of Flint Group&r ...

Read more
Pfizer to acquire Anacor Pharmaceuticals in $5.2 billion deal

New York, US: Pfizer Inc has entered into a definitive agreement to acquire all the shares of Anacor Pharmaceuticals Inc in a deal valued at $5.2 bill ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X