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Evonik Implements Leadership Change

Evonik Implements Leadership Change

• Chief Executive Officer Klaus Engel hands over to Christian Kullmann. • Shareholders at annual meeting approve dividend payment of €1.15 per share. • Investors endorse executive and supervisory board. Essen. Klaus Engel, long-standing chief executive officer of Evonik, handed over to Christian Kullmann at the end of the annual shareholders’ meeting. In Essen’s Grugahalle … Continue reading

President Sisi: New gas discoveries to save Egypt $3.6 billion per year

President Sisi: New gas discoveries to save Egypt $3.6 billion per year

Egyptian President Abdel Fattah al-Sisi said he expected that recently discovered gas fields would save Egypt about $3.6 billion yearly as they start coming into production, state-run newspapers reported on Tuesday night. Egypt wants to speed up gas production from newly-discovered fields, with an eye to halting imports by 2019. Once an energy exporter, it … Continue reading