Evonik acquires Porocel for US$210 million to accelerate growth of catalysts business
Acquisition gives Evonik access to catalyst rejuvenation technology and to available production capacity
27-Aug-2020 -
Evonik is acquiring the Porocel Group for US$210 million to accelerate the growth of its catalysts business. Based in Houston, Texas, Porocel offers a technology for highly efficient rejuvenation of desulfurization catalysts, which are in increasing demand to produce low-sulfur fuel. Rejuvenation ...
acquisitions
desulfurization
Evonik