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Evonik Industries agreed to acquire PeroxyChem, a producer of hydrogen peroxide and peracetic acid, from One Equity Partners for $625 million. The deal will create a peroxygens business with annual sales of about $800 million.
“Evonik now says buying the rest of PeroxyChem will give it a peroxygens business with annual sales of about $800 million.”cen.acs.org
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