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  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- India News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Indonesia News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Malaysia News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Philippines News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Singapore News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Thailand News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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- Vietnam News
  - Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to USD 519.2 million in Q3, surpassing forecast of USD 487 million. “The economic recovery is still a long time coming,” said CEO Christian Kullm...
    
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TagsEvonik

News: Evonik

Evonik does better than expected despite slump

Zahrah Imtiaz - 10 November, 2023, AM

Evonik’s restructuring has borne fruit as the company exceeded Q3 2023 profit expectations. The company reported a 21% decrease in adjusted core earnings to...

Evonik, Shandong Vland jv to target China

Zahrah Imtiaz - 16 October, 2023, PM

Evonik China and Shandong Vland Biotech have formed a jv to expand their gut health solutions in China and Asia Pacific. Evonik will hold...

Evonik appoints new head for amino acid portfolio

Zahrah Imtiaz - 6 October, 2023, AM

Evonik has appointed Dirk Hoehler as the new head of the Essential Nutrition product line, under which Evonik is consolidating its amino acids portfolio....

Evonik cuts DL-methionine production temporarily

Rajeswari Ramanee - 28 July, 2023, AM

To proceed with expansion plans, Evonik will reduce DL-methionine production at its Singapore plant for three months in Q4 2023. Another three-month shutdown will...

Evonik increases prices of MetAmino in Apac

Zahrah Imtiaz - 21 July, 2023, PM

Evonik will increase the price of MetAmino for all customers in Asia Pacific. The net price would go up by USD 0.15/kg on MetAmino...

Evonik restructures business for better profits

Zahrah Imtiaz - 7 April, 2023, PM

Evonik is splitting its amino acid and specialty nutrition business into two separate business units. The company believes the restructuring would help optimize production...

Evonik restructures to optimize production

Asian Agribiz Team - 6 April, 2023, AM

Evonik is restructuring its business to run its amino acid and specialty nutrition business as two separate units. The company believes this would help...

Evonik upgrades Singapore plant to meet Asian demand

Conny Pereira - 13 March, 2023, AM

Evonik, which has been operating profitably and growing at 5-7% annually in Asia, is expanding its capacity to produce MetAmino (DL-methionine) on Jurong Island,...

VIV 2023 top notes from Asian Agribiz

Asian Agribiz Team - 10 March, 2023, AM

The second day was as busy as the first day. Our Editorial Team members were also busy to learn updates, developments, and new solutions...

Probiotics must be safe for humans, animals, environment

Meliyana - 10 March, 2023, AM

Modern probiotics are bacteria that are selectively chosen by their particle and mode of action. To select the probiotics, Nadia Yacoubi, Technical Marketing Director...

Evonik launches plant-based feed additive

Zahrah Imtiaz - 28 February, 2023, AM

Evonik’s PhytriCare IM will be marketed as an alternative to antibiotic use in farming. The newly launched product is its first plant-based feed additive...

Plant-based additive PhytriCare by Evonik can replace antibiotics

Zahrah Imtiaz - 27 February, 2023, AM

Evonik has launched PhytiCare IM, its first plant-based feed additive for sows, laying hens, and dairy cows. The product, which consists of plant extracts...

Evonik doubles probiotic production in Spain

Zahrah Imtiaz - 20 February, 2023, AM

Evonik is expanding its probiotic production to provide sustainable solutions for improving animal health. It has modernized its production facility in Leon, Spain, doubling...

Evonik expands MMP production in Germany

Zahrah Imtiaz - 3 February, 2023, AM

Evonik has invested USD 27 million to expand its methylmercapto-propionaldehyde (MMP) production plant in Wesseling, Germany, and strengthen its global methionine production network. MMP...

Evonik launches phytogenic products with Dr Eckel

Zahrah Imtiaz - 17 January, 2023, PM

Evonik has partnered with Dr Eckel to expand its gut health solutions with phytogenics, with the first product from the partnership scheduled to launch...

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