Evonik Industries AG recently announced it has acquired the silica business of J.M. Huber for $630 million.
Evonik Industries AG recently announced it has acquired the silica business of J.M. Huber for $630 million. This reportedly enables Evonik to expand its position in North America and Asia.
“Huber Silica will significantly strengthen our growth segment Resource Efficiency,” said Klaus Engel, chairman of the executive board of Evonik. “In addition, it offers the opportunity to strategically develop Evonik’s portfolio.”