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08-25-2011

Evonik: Sells only Polytrend Business to PolyOne

Evonik Industries has corrected reports in the media about a change of ownership for the Evonik Colortrend Group. “What we’ve been hearing in the media about all the activities in liquid colorants and pigment preparations for Europe, Asia, and the USA being transferred to the PolyOne Corporation is not based on fact,” emphasized a spokeswoman for the Evonik Group. She added that Evonik Colortrend had never issued statements to this effect either.

She said it was true, however, that Evonik did sanction only transferring a smaller part of its plastic coloring activity (former Evonik Polytrend business). “Evonik Colortrend Group, which is globally active worldwide in the manufacture of liquid colorants and pigment preparations for the coatings and paints industries, was not the object of the transaction,” she underlined.

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