Evonik

Evonik invests in biotech startup with focus on peptides

Evonik invests in biotech startup with focus on peptides

By Lucy Whitehouse

Evonik, one of the leading players in specialty chemicals, has announced it has made an investment into Numaferm, a biotech startup specialising in making the production of peptides more efficient.

Dr. Straetmans GmbH acquired by Evonik

Dr. Straetmans GmbH acquired by Evonik

By Lucy Whitehouse

Evonik has acquired Hamburg-based cosmetics ingredients manufacturer Dr Straetmans GmbH for reportedly just under 100 million euros ($107 million).

Ingredient maker J.M. Huber sells off silica business

Ingredient maker J.M. Huber sells off silica business

By Deanna Utroske

In a deal announced this week, specialty chemical company Evonik has acquired the J.M. Huber silica business for more than $600m. It’s a transaction that will up the company’s position as a supplier of silica for many industries, not the least of which...

Evonik opens new US facility

Evonik opens new US facility

By Deanna Utroske

The specialty chemicals company cut the ribbon on its Richmond Business and Innovation Center last week, setting the stage for further growth in North America and a new innovations strategy across the Evonik business.

Evonik develops first vegetable-based nylon

Evonik develops first vegetable-based nylon

By Michelle Yeomans

Evonik has developed the first vegetable-based nylon powder, Tegolon Eco, derived from castor oil (Ricinus communis) which helps to improve the tactile properties in cosmetic formulations, according to a company spokesperson.