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Evonik sells TAA derivatives business to SABO

With the sale of its TAA derivatives business to SABO, Evonik is taking the next step in focusing its portfolio on specialty chemicals. The Italian chemical company is one of the world’s leading manufacturers of light stabilizers, for which TAA derivatives are a raw material. On the sales price, no details are disclosed. The transaction is subject to approval by the competent Evonik committees. The closing is expected to be in early 2023

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K 2022 ends meeting highest expectations

“K in Düsseldorf has once again fulfilled highest expectations. It continues to be the most international, complete and innovative trade fair of the global plastics and rubber industry”, said Erhard Wienkamp, Managing Director of Messe Düsseldorf. “The trade fair has impressively demonstrated just how valuable face-to-face networking, chance meetings and physical brand and product experiences are. We are very satisfied to see that K 2022 succeeded in sending out strong signals as an innovation driver of the industry and that our exhibitors did business with a high number of international customers with strong decision-making authority.”
A total of 176,000 trade visitors from all continents travelled to K 2022. At over 70%, the proportion of international attendees at K 2022 remained at a consistently high level.

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