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Evonik reorganizes divisional structure to reflect specialities transformation

German company Evonik reports that it is ‘pushing forward’ with its long-planned transformation into a best-in-class speciality chemicals company [ADPO, August 2018, pp. 9–10] and is reorganizing its divisional structure to better reflect this strategic change. It is also updating its financial targ...

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Detalles Bibliográficos
Formato: Online Artículo Texto
Lenguaje:English
Publicado: 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7535619/
http://dx.doi.org/10.1016/S0306-3747(20)30103-2
Descripción
Sumario:German company Evonik reports that it is ‘pushing forward’ with its long-planned transformation into a best-in-class speciality chemicals company [ADPO, August 2018, pp. 9–10] and is reorganizing its divisional structure to better reflect this strategic change. It is also updating its financial targets with a focus on growth, returns and cash generation.