Evonik to Invest €4 Billion in Innovation
The CosmeticsDesign website reported that speciality chemicals company Evonik plans to invest over €4 billion over the next decade, focusing on innovation that will lead to developments in its cosmetics product portfolio among others. The investment is to focus on innovation in key areas to provide greater focus, international expansion, open innovation, and sustainable solutions. Evonik is deliberately opening up to external partners and cooperating with scientists and start-ups.
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