RAG changes its name to Evonik, preps ipo

September 2007
ICIS Chemical Business;9/17/2007, Vol. 272 Issue 10, p31
Trade Publication
The article offers news briefs related to the chemical industry. RAG Beteiligungs-AG has changed its name to Evonik Industries and plans to enter the capital markets in the first half of 2008. U.S.-based private equity firm Blackstone Group Inc. has agreed to buy a 20% stake in China National Bluestar Corp. The Indian government is on the verge of forcing Reliance Industries Ltd. (RIL) to sell its natural gas at a price lower than what it had proposed.


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