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Thailand: Germany-based chemical firm Evonik Degussa to join Thai partner to develop a project in Thailand.

Thai Press Reports

Section: Business News - Chemical firm Evonik Degussa is set to join hands with a Thai partner to develop a multi-million-euro project in Thailand as other German investors echoed a vote of confidence for Thailand, the Bangkok Post reports.

Continental, one of the world's top three automotive parts suppliers, also plans to invest more in Thailand, saying political uncertainties have not delayed its project. "We are evaluating the financial and economic feasibility of our triple-digit euro investment in Thailand," said Tibor Kovacs, marketing manager of Evonik Degussa GMBH.

Headquartered in Essen, Evonik has operations in over 100 countries worldwide with 40,000 …

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