Holdings

In order to focus on specialty chemicals, at the end of 2010 we signed an agreement to sell 51 percent of the shares in the energy company STEAG to a consortium of municipal utilities in Germany’s Rhine-Ruhr region. Our real estate activities comprise alongside Evonik’s portfolio of residential real estate, a 50 percent stake in THS. Effective January 1, 2012, Evonik and THS bundled the management of their properties in a newly formed joint venture, Vivawest Wohnen.