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Velox expands portfolio to include composites product range

Velox expands portfolio to include composites product range

Velox, the Hamburg-based distributor of raw material specialities, acquires the composites business of the Belgian Azelis Group. At the time of acquisition this Azelis business area comprises some 50 employees in 12 European countries and reports turnover of around € 50 million.

Evonik invests in Singapore

Evonik invests in Singapore

Evonik’s new polyamide 12 line is planned to be built in Singapore by 2014 to increase the availability of this specialty plastic.