Evonik carbon black becomes Orion Engineered Carbons
Evonik Corporation’s divestiture of its carbon black business is expected to be complete by 1 August 2011, but with it will also come a name change. Announced earlier this year, Evonik divested itself of it Carbon Black Business Unit and sold it to affiliates of Rhone Capital and Triton. According to the company, the new business will be known as Orion Engineered Carbons. All of the silica-based products (Aerosil, Aeroxide, Acematt, Sipernat) will continue to be manufactured and sold by Evonik Inorganic Materials.
The company does not expect any interruption in the supply of carbon blacks or in customer relationships with the sales, marketing and technical personnel involved with the carbon blacks as a result of this divestiture. Likewise, there will be no changes in manufacturing sites, methods or equipment associated with this announcement.
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