12/03/2013

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Evonik Goldschmidt Corp. to merge into Evonik Corporation

Following the merger, Evonik Goldschmidt Corporation will be fully incorporated into Evonik Corporation and no longer a separate legal entity. "Evonik Corporation reflects the strong brand value and the excellent reputation of Evonik Industries,” said Dr. Reinhold Brand, President of Evonik Goldschmidt Corporation and Senior Vice President and General Manager of Evonik's Consumer Specialties North American Business Unit. "The move will support our high-quality products as well as our commitment to providing our customers with superior and sustainable solutions. This change reflects the company's long-term strategy to advance its global image.” Brand noted that the company will maintain its focus on providing product innovation and industry-leading expertise. "We want to take advantage of the well-respected Evonik brand, and will continue to focus on delivering innovative products and maximizing growth and value in the consumer care markets," he said. Among Evonik Goldschmidt Corporation's offerings are ingredients used to make everyday consumer products such as fabric softener, car care products, shampoo, hair conditioner and toothpaste as well as industrial chemical products for the agricultural, metal working, labeling and oil and gas industries. Evonik Corporation is a specialty chemicals company that creates essential ingredients for many diverse products including rubber, coatings, adhesives, cosmetics, pharmaceuticals, and animal feed additives.

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