Evonik puts carbon black business under review

ERJ staff report (DS)

Essen, Germany -- Contrary to widespread reports in Germany, Evonik has not put its carbon black business up for sale - yet. It has, however, put it under serious review and is examining, "a possible carve-out" of the unit, which previously operated under the Degussa name.

A company spokeswoman told ERJ that, "Any further steps will depend on the outcome of the present examination."

Financial Times Deutschland reported earlier this week that the unit is for sale.

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