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Evonik Buys J.M. Huber’s Silica Business

Evonik has acquired the silica business of the US company J.M. Huber for 630 million US dollars. This enables Evonik to expand its position in North America and Asia in this profitable and resilient business. “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.”

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