Evonik has acquired Membrane Extraction Technology

Evonik Industries has acquired London based Membrane Extraction Technology (MET). The operation is an integral part of company's strategy to invest in attractive developing markets driven by the mega trend "Resource Efficiency". The acquisition strengthens Evonik's P84 fibers and high-performance polymers business. According to estimates there will be a fast growing demand for energy and environmental friendly solutions like membrane based technologies. MET's proprietary technology complements Evonik's process competence and global market presence very well and fastens its access to this market.