Evonik finalizes acquisition of hydrogen peroxide producer in Delfzijl, the Netherlands

At a glance

Evonik has completed the acquisition of PeroxyChem Netherlands B.V., making it a fully owned company of the Evonik Group. The acquisition includes the H2O2 business and customer portfolio, and the company has been renamed Evonik PeroxyChem Netherlands B.V. This acquisition will strengthen Evonik's hydrogen peroxide business and increase its capacity in Europe to over 250,000 metric tons per year. Evonik's Resource Efficiency segment supplies high-performance materials for environmentally friendly and energy-efficient systems.

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.

ABOUT RESOURCE EFFICIENCY

The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and supplies high performance materials for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 7,800 employees, and generated sales of around €4 billion in 2014.