Evonik Industries AG - Company Profile
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Evonik Industries AG (Evonik), a subsidiary of RAG-Stiftung, is one of the leading specialty chemical providers in the world. Geographic diversity, focus on research and development (R&D) and diversified end-markets strengthened its operations, even as high operating costs remain a cause for concern. Strategic partnerships and agreements, growth initiatives, and market outlook: US chemical industry could provide growth opportunities to the company. However, stiff competition, foreign currency fluctuations and environmental regulations could affect its operations.
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