Evonik to End Production of Polyethylene Waxes

ESSEN, Germany - Evonik Industries, Essen, Germany, intends to shut down its production of polyethylene waxes in Herne, Germany, at the end of December 2010. The group has taken this step as a part of a profitability analysis. The modification and sale of Fischer-Tropsch based waxes will continue.

 

Evonik Industries will use best efforts to achieve a controlled withdrawal of the polyethylene waxes from the business.