Evonik's North American subsidiary changes name

09 January 2013 20:15  [Source: ICIS news]

HOUSTON (ICIS)--Evonik Industries has changed the name of its North American arm, the German specialty chemicals producer said on Wednesday.

The North American subsidiary is now Evonik Corp. Before, it was Evonik Degussa.

In addition, Evonik Stockhausen has merged into Evonik Corp, the company said. Evonik Stockhausen makes skin-care products and superabsorbent polymers.

"With our continued focus on delivering innovative products, and maximising growth and value in the consumer care markets, it is imperative we strengthen the Evonik brand,” said a statement by Reinhold Brand, head of consumer specialties in North America.

“These changes emphasise the Evonik brand and reflect the company's long-term strategy to advance its global image," he said.

By: Al Greenwood
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