Goldschmidt Industrial Chemical Changes Name to Reaxis Inc.
May 1, 2008
MCDONALD, PA - Goldschmidt Industrial Chemical Corp., formerly a subsidiary of Degussa AG, now Evonik, has changed its name to Reaxis Inc. Several senior-level managers acquired the industrial chemicals division of Evonik in a management buyout.
Reaxis manufactures catalysts that are used in polymers (resins), coatings, elastomers, adhesives and sealants, and oleochemicals. It also manufactures a line of chemicals used in a variety of surface finishing applications. Reaxis has renamed its TEGOKAT® product line REAXIS™.