Abstract
Once it is formed early next year, 70% of the new Degussa-Huls portfolio of products have leading market positions, according to Uwe-Emst Bufe, the designated chairman, president, and chief executive officer of the soon-to-be-formed company. Bufe discussed prospects for the new company—whose formation was first announced in March (C&EN, March 9, page 8)—during a press conference earlier this month at Degussa's Mobile, Ala., plant. Bufe, currently Degussa's president and CEO, was in the U.S. to commemorate the Frankfurt-based firm's 25-year, $800 million investment at its largest North American site. Degussa-Huls will have a number of global leadership positions in specialty chemicals, he said. The new company also be based in Frankfurt. Industry sources say the markets in which Degussa-Huls be able to claim the number one or two spot include those for the feed additive methionine, colorants, hydrogen peroxide, carbon black, methyl methacrylates, silicas, phenol, and cyanuric chloride. It ...
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