New Name for Degussa
09/07/2007
Degussa’s parent company RAG Aktiengesellschaft, headquartered in Essen (Germany), is in the process of separating its coalmining operations from its three industrial activities:
The initial public offering for this new industrial group is scheduled for the first half of 2008.
On September 12th, the new name of this joint industrial group will be revealed. A global image campaign is planned in the trade media to create awareness of the brand, the look and the strengths of this new industrial group. We will share with you further information in the coming weeks.
While our name will change, you can be confident that the people, products and services you rely on will remain the same. We look forward to continuing our successful partnership with you.
Degussa – a wholly owned subsidiary of the RAG Group – is one of the global market leaders in specialty chemicals. Our business is creating essentials – innovative products and system solutions that make indispensable contributions to our customers’ success. In fiscal 2006 around 36,000 employees worldwide generated sales of 10.9 billion euros and operating profits (EBIT) of more than 870 million euros.
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