Enviro Tech Chemical Services, Inc., showcased PeraGuard, the first and only dry peracetic acid in the world, at the Food Safety Summit for 2022 held in Chicago. The chemical product has a formulation specifically suitable for the sanitization and environmental security of surfaces favorable for the growth and the spread of microorganisms.
Evonik Industries AG acquired PeroxyChem, a US-based producer of peracetic acid and hydrogen peroxide, for USD 625 million. The company expressed hopes for the expansion of its portfolio in high-growth and environmentally friendly applications. The company was also looking forward to benefiting from an attractive free cash flow as a result of the stable and growing financial status of PeroxyChem during the time of the acquisition
Author Credits: Rajrani Baghel
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