August 20, 2014 1:32 PM ET

Chemicals

Company Overview of Evonik Degussa GmbH

Company Overview

Evonik Degussa GmbH manufactures specialty chemicals. It operates in three segments: Technology Specialties, Consumer Solutions, and Specialty Materials. The Technology Specialties segment produces alkoxides, alkyl chlorides, pyrimidines, cyanamide, dicyandiamide, cyanuric chloride, cyanoacetates, malonates, ortho esters, NCN derivatives, phenolic antioxidants, and triacetoneamine derivatives, as well as specialty building blocks; adhesives and sealants, and additives; organic peroxides, persulphates, and organic intermediates; and heterogeneous, homogeneous, and biocatalysts. This segment’s products also include butadiene, 1-butene, isononano l, and the plasticizer DINP; and aerosil and sil...

Rodenbacher Chaussee 4

Hanau-Wolfgang,  63457

Germany

Founded in 1873

33,847 Employees

Phone:

49 6181 59 12532

Fax:

49 6181 59 4489

Key Executives for Evonik Degussa GmbH

Regional President of Greater China
Head of Performance Materials
Head of Superabsorbents
Head of Advanced Fillers & Pigments
Head of Feed Additives
Compensation as of Fiscal Year 2014.

Evonik Degussa GmbH Key Developments

Evonik Degussa GmbH Presents at World Congress on Industrial Biotechnology, May-12-2014

Evonik Degussa GmbH Presents at World Congress on Industrial Biotechnology, May-12-2014 . Venue: Philadelphia, Pennsylvania, United States.

Daimler Mulls Options For Li-Tec Battery

Daimler AG (XTRA:DAI) is reviewing options for its Li-Tec Battery GmbH, a joint venture with Evonik Degussa GmbH. The options also include bringing in a new partner. Silke Walters, Spokeswoman for Daimler, said Daimler intends to give the Li-Tec venture a broader footing in the challenging battery-cell market, however, no decision has been made. Also, Evonik’s Spokeswoman Barbara Mueller said the review may lead to bringing a new strategic partner on board. Also the Wall Street Journal reported, citing unidentified sources that the partners were mulling a sale of the joint venture and were looking for a price of about €1 billion.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
April 1, 2014
Remaining 10% Stake of Deutsche Accumotive and Remaining 50.1% Stake of Li-Tec Battery
 

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