Browsing Tag
Marl
3 posts
Evonik’s biggest overhaul deepens with 3,200 job cuts and two major divestitures
Evonik Industries is preparing the second phase of its largest corporate restructuring, with 3,200 additional jobs already scheduled to disappear through 2029 and businesses employing roughly 4,300 people moving toward divestiture as the German chemicals group narrows its portfolio.
Why Evonik is cutting 3,200 more jobs as Europe’s chemical squeeze deepens
Evonik Industries is extending its restructuring through 2029, closing an unprofitable polyester operation and removing thousands of roles as weak demand, high European costs and global competition pressure margins.
INEOS Phenol launches Europe’s largest cumene facility in Marl, Germany
INEOS Phenol, a global leader in chemical manufacturing, has officially started operations at its new cumene facility in…