In a deal announced this week, specialty chemical company Evonik has acquired the J.M. Huber silica business for more than $600m. It’s a transaction that will up the company’s position as a supplier of silica for many industries, not the least of which...
The specialty chemicals company cut the ribbon on its Richmond Business and Innovation Center last week, setting the stage for further growth in North America and a new innovations strategy across the Evonik business.
The new plant will produce 50,000 metric tons of ingredients each year, economizing the supply chain for cosmetic and consumer goods companies in the region while banking on the vigorous growth of the South American personal care market.
In a bid to continue its expansion into emerging markets, Evonik is rapidly moving ahead with its new production facility in Brazil which is set to produce a wider range of ingredients for the cosmetics industry.
Germany-based specialty chemicals company, Evonik, presented its granulated carbomer to the North American market at Suppliers’ Day earlier this month.
Ingredients provider Evonik launched a new natural-derived emulsifier designed for use in oil in water creams and lotions at this year’s ingredients show, Suppliers' Day, in New Jersey.
