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Evonik Establishes Independent Carbon Black Company

July 14, 2010

Evonik Carbon Black GmbH launched in early July with operational headquarters in Hanau-Wolfgang from October.

Evonik Industries has reorganized its carbon black activities. On July 1, Evonik Carbon Black GmbH was founded as a legally independent management company under the umbrella of Evonik Industries. Chairman of the board and CEO is Jack Clem and Rainer Wobbe will take over the position of the chief financial officer. The operational headquarters of the company, currently in Frankfurt, will move to Hanau-Wolfgang on October 1. The product portfolio and the relationship to the customer will not be affected by the spin-off. Evonik, the second largest manufacturer of carbon black worldwide, produces carbon black at 17 sites in 12 countries on four continents and generated sales of about €1 billion last year.

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