Phillips Carbon is aware of Evonik sale

ERJ staff report (DS)

Mumbai, India -- In a statement to the Bombay Stock Exchange, Phillips Carbon Black Ltd said it, "is always exploring opportunities for growth both organic and inorganic. The Company is also aware of the divestment process of Evonik's Carbon Black operations. "

The company said it issued the statement in response to a news report in a leading financial daily titled "Aditya Birla, RPG may bid for German firm's unit",

Evonik Industries has said it is selling its carbon black unit, which operates under the Degussa name.

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