BASF CEO Markus Kamieth advocates acquiring rival Evonik Industries following strong third-quarter earnings under his Winning Ways strategy. The deal aims to consolidate BASF's core chemical business
Evonik Industries rejected a €10.3 billion takeover bid from BASF, deeming the offer too low for negotiations. BASF maintains that exploratory talks remain open despite Evonik confirming no active dis
BASF is in talks to acquire Evonik Industries, potentially combining Germany’s two largest chemical makers amid high production costs and weak regional demand. Both firms have previously cut costs and
BASF confirmed exploratory talks to acquire German specialty chemicals firm Evonik from owner RAG-Stiftung, though outcomes remain uncertain. Evonik simultaneously pursues restructuring with plans to
Evonik and shareholder RAG-Stiftung confirmed BASF's non-binding approach for a potential takeover, aiming to strengthen BASF's specialty chemicals portfolio. The move follows market speculation and r
German chemical giant Evonik announced a strengthened growth strategy targeting Asia and Americas, restructuring portfolios toward specialty polymers and biotech while raising 2026 EBITDA guidance to
Evonik announced plans to close its Hamburg and Bitterfeld production sites by 2027, citing structural inefficiencies and cost competitiveness. This move is part of a broader restructuring strategy to
Evonik China President Xia Fuliang outlined 2026 strategies, targeting a 15% global sales share from China by 2032 through local innovation and capacity expansion in amines and hydrogen peroxide.
ChemBrief