Evonik´s Chemicals Business Area is getting a new organisational structure

Dr Manfred Spindler leaving the management board of Evonik Degussa GmbH

13-Dec-2007

Evonik´s Chemicals Business Area is getting a new organisational structure. This was decided by the Supervisory Board of Evonik Degussa GmbH. The twelve Chemical Business Units will be consolidated into six units. The existing Technology Specialties, Consumer Solutions and Specialty Materials reporting segments remainunaffected by this. The reorganisation work will commence at the beginning of 2008 and should be quickly completed in six months:

- C4 Chemistry and Building Blocks will become Base Chemicals (headed by Dr Thomas Haeberle)

- Aerosil & Silanes and Advanced Fillers & Pigments will become Inorganic Materials (headed by Thomas Hermann)

- Care & Surface Specialties and Superabsorber will become Consumer Specialties (headed by Dr Claus Rettig)

- Feed Additives and Exclusive Synthesis & Catalysts will become Health & Nutrition (headed by Dr Hubert Wennemer)

- Coatings & Colorants and Specialty Acrylics will become Coatings & Additives (headed by Dr Hans-Peter Schaufler; will be succeeded by Dr Ulrich Küsthardt at a later point)

- High Performance Polymers and Methacrylates will become Performance Polymers (headed by Gregor Hetzke)

In conjunction with the introduction of a new organisational structure for the Chemicals Business Area of Evonik Industries AG, Dr Manfred Spindler (58) will be leaving the management of Evonik Degussa GmbH by mutual agreement on January 31, 2008. Dr Spindler will remain active for Evonik in his new function as a member of the Evonik Degussa GmbH Supervisory Board.

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