Evonik buys precious metal business

摘要

Global catalyst specialist Evonik Industries has acquired the precious metal powder catalysts business of Udaipur, India-based Ravindra Heraeus Pvt Limited. Ravindra Heraeus, a precious metal company, is a joint venture between the precious metal and technology company Heraeus located in Hanau (Germany) and Ravindra Choksi (India), with each partner holding a 50% stake in the joint venture.