EVONIK IPO PROSPECTUS PDF

Post IPO Coordination Agreement. . based on consideration of the prospectus as a whole by the investor. If any claims Vivawest: Vivawest, consisting of Evonik Wohnen and THS, manages the third largest residential. On July 29, , the Company completed the acquisition from Evonik Industries AG (“Evonik”) of its carbon black business line (referred to in this prospectus as. Germany’s Evonik completes long-awaited stock market listing subsidiary, according to Evonik’s initial public offering (IPO) prospectus.

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Our computer systems, including our back-up systems, could be damaged or interrupted by power outages, computer and telecommunications failures, computer viruses, cybercrimes, internal or external security breaches, events such as fires, earthquakes, floods, tornadoes and hurricanes, or errors by our employees.

The trend of shifting rubber carbon black production to specialty carbon black capacity will continue with the next line conversion scheduled for late in the United States. The trend in environmental regulation is increasingly stringent restrictions on activities that may affect the environment.

We have a proactive price and contract management strategy, which supports our efforts to preserve our margins by passing feedstock and energy cost increases through to our customers on a timely basis.

Should we build up overcapacities that remain unused due to erroneous assessments of market development, this could have a material adverse effect on our business, financial condition, results of operations and cash flows. Depreciation, amortization and impairment.

Deutsche Börse Xetra – Evonik Industries AG

This development may significantly impact our business in a manner we cannot predict, including proapectus increasing the costs of doing business. Our chief financial officer, Charles Herlinger, has served as chief financial officer for both public and private companies. Back to page Print. When we file a patent application, it is usually filed for all countries with active competition, where we have existing customers.

This decision has raised several issues for Korean companies and generally may result in additional labor costs. A successful product liability claim, or series of claims, arising out of these various uses that results in liabilities in excess of our insurance coverage or for which we are not indemnified or have not otherwise provided, could have a material adverse effect on our business, financial condition, results of operations and cash flows.

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We have recently taken steps to eliminate bottlenecks in our U. Table of Contents Significant movements in the market price for crude oil tend to create volatility in our carbon black feedstock costs, which can affect both our Net Working Capital and operating results.

Investor relations our investor relations activities are aimed at making the development of hhla transparent in order to facilitate a better understanding of the potential and value of our company.

Evonik ipo prospectus pdf

Through our technical, marketing propectus supply chain expertise we bring added value and growth to both our customers and principal partners throughout the world. Margaritis stogiannidis masters thesis business economics business management, corporate governance publish your bachelors or. For example, the production and processing of carbon black and other chemicals involves the storage, handling, transportation, manufacture or use of certain substances or components that may be considered toxic or hazardous.

In addition, a downgrade could adversely affect our existing financing, limit access to the capital or credit markets, or otherwise adversely affect the availability of other new financing on favorable terms, if at all, result in more restrictive covenants in agreements governing the terms of any future indebtedness that we incur, increase our borrowing costs, or otherwise adversely affect our business, financial condition, results of operations and cash flows.

We define Net Working Capital as inventories plus current trade receivables minus trade payables.

We believe that our indexed and short-term contracts position us well to pass changes in raw material and energy costs through to our customers in a reasonably timely fashion. As a result, any downgrade of our credit ratings may make it more costly for us to engage in these activities, and changes to our level of indebtedness may make it more difficult or costly for us to engage in these activities in the future. In particular, a large part of our sales has direct exposure to the cyclical automotive industry and, to a lesser extent, the construction industry.

Our primary focus is on the development of novel therapeutics and platforms. All of the common shares to be sold in this offering will be sold by Kinove Holdings, which we refer to as the Selling Shareholder. A global or regional economic downturn may reduce demand for our products, which would decrease our revenue and could have a material adverse effect on our business, financial condition, results of operations and cash flows.

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Our ability to complete capacity expansions, including capacity conversions from rubber carbon black to specialty carbon black, and other site development projects as planned may be delayed, interrupted, or otherwise limited by the need to obtain environmental and other regulatory approvals, unexpected cost increases, availability of labor and materials, unforeseen hazards such as weather conditions, and other risks customarily associated with construction projects.

We cannot predict the outcome of such negotiations.

Corporate Press Release Evonik, RAG Foundation + CVC: Evonik substantiates listing plans

Success in offsetting increased raw material and energy costs with price increases is largely influenced by competitive and economic conditions, as well as the speed and severity of such changes, and could vary significantly, depending on the segment served. We define Contribution Margin as revenue less variable costs raw materials, packaging, utilities and distribution costs. In particular, we may not be able to increase or sustain our manufacturing efficiency or asset utilization, enhance our current portfolio of products or achieve other fixed or variable cost savings.

As a result, we have been able to generate attractive margins for our specialized carbon black products. Similar facilities built by Asian producers in Europe and by Japanese producers in China have also sought our materials.

We have undertaken, and will continue to undertake, various initiatives to realign our product portfolio away from standard specialty carbon black and rubber carbon black products to higher margin applications, and we continue to focus on cost reduction. Access the replay of the analyst and investor presentation. We expect these markets to continue growing because of increasing urbanization, changing packaging requirements and higher quality consumer demands.

In addition to supporting our operations, we use our systems to collect and store confidential and sensitive data, including information about our business, our customers and our employees. We offer standard and highperformance products for coatings, printing inks, polymers, rubber and other applications.

Furthermore, some of our competitors have greater financial and other resources and larger capitalization than we do. This information should be read in conjunction with the consolidated financial statements included elsewhere in this prospectus, the related notes and other financial information included herein.