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PeroxyChem CEO says specialty hydrogen peroxide more profitable than standard grade

By Brian Baker ( November 19, 2019, 23:00 GMT | Insight) -- ​PeroxyChem CEO Bruce Lerner testified that the company adopted a strategy to shift away from standard grade hydrogen peroxide toward specialty versions because those command higher prices and are more profitable. The US Federal Trade Commission, which is seeking a preliminary injunction against Evonik’s acquisition of PeroxyChem, has argued the relevant product market should include all hydrogen peroxide, with the exception of an electronics grade used in semi-conductor manufacturing.PeroxyChem CEO Bruce Lerner testified today that the company adopted a strategy to shift away from standard grade hydrogen peroxide toward specialty versions because those command higher prices and are more profitable....

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