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Evonik Industries AG Rellinghauser Straße 1-11 45128 Essen, Germany http://www.evonik.com
Contact Ms Mareike Biller +49 201 1773002
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Evonik Industries AG

Evonik Industries to Sell North American Cyanide Activities

(PresseBox) (Essen, )
Germany-based Evonik Industries has signed a contract for the sale of its U.S. and Canadian cyanide activities with Oaktree Capital Management. The cyanide business constitutes a part of the CyPlus Group owned by Evonik. The parties have agreed not to disclose financial terms of the transaction. The transaction is subject to approval by the regulatory authorities.

The transaction comprises of CyPlus Group's business in the U.S. and Canada dedicated to the gold-mining industry. It includes a 50-percent share in Cyanco, a joint venture with Utah-based Nevada Chemicals, Inc., a publicly traded company and two subsidiaries of CyPlus GmbH-CyPlus Canada, Inc., rfx AnWptv Detmyyrsupd. Dke sbohcc uz blnlzhhve xz ygp evqsmaasln ri ue hgin kz zfrqi 85.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.