Adhesives & Sealants News

Evonik intends to shutdown its production of polyethylene

Marl, May 21, 2010

Evonik Industries, Essen/Germany, intends to shutdown its production of  polyethylene waxes in Herne/Germany at the end of December 2010. The Group has taken this step as a part of a profitability analysis. The modification and sale of Fischer-Tropsch based waxes will continue. Evonik Industries will use best efforts to achieve a controlled withdrawal of the polyethylene waxes from the business.

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  • Evonik for Adhesives & Sealants

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    Evonik Industries is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, Evonik is an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our company’s performance is shaped by creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about €13.1 billion and an operating profit (EBITDA) of about €2.0 billion.

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