Evonik Industries has acquired PeroxyChem Netherlands BV, a manufacturer of hydrogen peroxide, from PeroxyChem Holdings LP for an undisclosed amount. Subject to pending approval by the cartel authorities responsible, the business with its site in the Netherlands, the 47 employees, and the customer portfolio will be transferred to Evonik at the closing of the sale. It is envisaged to close the transaction in the last quarter of 2015.
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The business will increase Evonik’s hydrogen peroxide (H2O2) capacity in Europe. The Dutch site supplements the company’s existing production network of three sites in Antwerp (Belgium), Rheinfelden (Germany), and Weissenstein (Austria). Evonik produces hydrogen peroxide and its derivatives for eco-friendly oxidation and disinfection in a wide range of applications. In the application and decomposition of hydrogen peroxide the only products released are oxygen and water; this means that H2O2 is among the most eco-friendly and versatile of chemical products.
With an annual global capacity totalling more than 900,000 metric tonnes produced in twelve production plants, Evonik’s Resource Efficiency Segment is a leading supplier of hydrogen peroxide.
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Typical application fields include chlorine-free bleaching of pulp and paper and of natural fibers for white textiles. In the areas of medicine, pharmaceuticals, cosmetics, and foods the product is used for sterilization as well as treatment of aseptic packaging materials. Hydrogen peroxide is also used in eco-friendly treatment of waste gases and wastewater as well as for disinfection purposes. In addition to these classic applications, new markets are continually opening up in chemical synthesis, where, over the last few years, more eco-friendly production processes have been developed that use hydrogen peroxide as oxidant.
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The business will increase Evonik’s hydrogen peroxide (H2O2) capacity in Europe. The Dutch site supplements the company’s existing production network of three sites in Antwerp (Belgium), Rheinfelden (Germany), and Weissenstein (Austria). Evonik produces hydrogen peroxide and its derivatives for eco-friendly oxidation and disinfection in a wide range of applications. In the application and decomposition of hydrogen peroxide the only products released are oxygen and water; this means that H2O2 is among the most eco-friendly and versatile of chemical products.
With an annual global capacity totalling more than 900,000 metric tonnes produced in twelve production plants, Evonik’s Resource Efficiency Segment is a leading supplier of hydrogen peroxide.
ALSO READ: Nuberg Engineering bags Rs 1000-cr contract for chemical complex in UAE
Typical application fields include chlorine-free bleaching of pulp and paper and of natural fibers for white textiles. In the areas of medicine, pharmaceuticals, cosmetics, and foods the product is used for sterilization as well as treatment of aseptic packaging materials. Hydrogen peroxide is also used in eco-friendly treatment of waste gases and wastewater as well as for disinfection purposes. In addition to these classic applications, new markets are continually opening up in chemical synthesis, where, over the last few years, more eco-friendly production processes have been developed that use hydrogen peroxide as oxidant.
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