Evonik closes purchase of hydrogen peroxide producer in the Netherlands

Essen-Evonik has completed the process of the acquisition of PeroxyChem Netherlands B.V., Delfzijl, to become a fully owned company of the Evonik Group. With the Closing of the transaction on October 30th, 2015 PeroxyChem Netherlands B.V. has been transferred to Evonik. The transfer includes the H2O2 business with the site in the Netherlands (production and employees) as well the customer portfolio. The company is renamed to Evonik PeroxyChem Netherlands B.V.

The addition of the Delfzijl plant will strengthen Evonik’s hydrogen peroxide business and enables the specialty chemicals company to meet the anticipated demand in the region while improving the service to customers. With the takeover of the business, Evonik will increase its hydrogen peroxide capacity in Europe to more than 250,000 metric tons per year. Evonik is already producing H2O2 at its sites in Rheinfelden, Germany, Antwerp, Belgium and Weißenstein, Austria.