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Evonik Forms Care Solutions Business Line

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By: TOM BRANNA

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Evonik is merging its personal care and household care business lines together with its associated oleochemistry platform to form a new Care Solutions business line. The new unit, which will have roughly 1,250 employees and combined sales of approximately €900 million, will be launched on January 1, 2019 under the leadership of Dr. Tammo Boinowitz. “In the past we’ve worked for our customers in parallel across these complementary business lines—the reorganization means that our customers can ...

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