Evonik Industries

Evonik Industries is a German specialty chemicals company, formed in 2007 through the merger of Degussa AG and RAG. It is headquartered in Essen, Germany and operates in over 100 countries, employing around 33,500 people. The company produces a wide range of chemicals and materials used in various industries including automotive, construction, healthcare, and consumer goods.
History
Evonik's history dates back to 1843 with the founding of a coal mining company, Rheinisch-Westfallische Sprengstoff, which later became part of RAG. Degussa AG was founded in 1873 as a company for the production of gold and silver refining chemicals. Over the years, both companies expanded and diversified their product portfolios through mergers, acquisitions, and partnerships.
In May 2007, Degussa AG and RAG announced their merger, creating Evonik Industries. The new company combined Degussa's expertise in specialty chemicals with RAG's strengths in energy and raw materials. The merger was a strategic move to create a globally competitive company with a strong focus on specialty chemicals.
Products and services
Evonik Industries produces a wide range of specialty chemicals and materials used in various industries. These include:
1. Plastics and rubber: Evonik offers a range of additives, fillers, and pigments for the production of rubber and plastics products such as tires, packaging, and electronic components.
2. Specialty additives: Evonik provides additives for paints, coatings, and adhesives to improve their performance, durability, and sustainability.
3. Specialty chemicals for care products: Evonik develops and produces ingredients for personal care and household products, such as cosmetics, detergents, and cleaning agents.
4. High-performance materials: The company produces specialty materials for high-tech applications, including lightweight construction materials, coatings, and oil and gas production.
5. Animal nutrition: Evonik offers a range of products for animal nutrition, including amino acids and probiotics.
6. Health and nutrition: The company produces ingredients for dietary supplements, functional foods, and beverages.
Sustainability
Evonik Industries is committed to sustainability and has set ambitious goals to reduce its environmental impact. The company is working towards being climate-neutral by 2050 and reducing its greenhouse gas emissions by 50% by 2025. It also aims to reduce its energy consumption and increase the share of renewable energy sources in its production processes.
Evonik also focuses on sustainable production processes, responsible procurement, and the circular economy. The company is developing innovative solutions to enable a more sustainable future, such as recycling technologies and sustainable materials.
Conclusion
Evonik Industries is a leading specialty chemicals company with a long history of producing high-quality products for various industries. The company's commitment to sustainability and innovation makes it a key player in shaping a more sustainable future.

There are a few notable aspects that make Evonik Industries stand out from other companies:
1. Focus on specialty chemicals: Evonik exclusively produces specialty chemicals, which are highly specialized materials used in a wide range of industries such as consumer goods, healthcare, and automotive. This focus allows the company to become experts in their field and consistently produce high-quality, innovative products.
2. Broad and diversified portfolio: Evonik has a wide range of products and services in its portfolio, covering various industries and applications. This diversity helps the company withstand economic downturns in specific markets and allows it to adapt to changing market demands.
3. Strong research and development: Evonik has a strong commitment to research and development, investing significantly in developing new products and technologies. This focus on innovation has led to many breakthroughs and allows the company to stay ahead of its competitors.
4. Sustainability and responsibility: Evonik is committed to sustainability and responsibility in all aspects of its business. The company has set ambitious goals for reducing its environmental impact and has integrated sustainable practices into its operations, products, and services.
5. Global presence: Evonik operates in over 100 countries, with around 33,000 employees worldwide. This global reach allows the company to serve customers all over the world and gives it a strong presence in key markets.
6. Collaboration and partnerships: Evonik values collaboration and partnerships to drive innovation and growth. The company works closely with customers, research institutions, and other companies to develop new products and solutions.

Evonik Industries is a global specialty chemicals company that operates in three main business segments: Nutrition & Care, Resource Efficiency, and Performance Materials.
The Nutrition & Care segment focuses on providing products and solutions for consumer goods, animal nutrition, and healthcare markets. This includes ingredients for food and beverage production, personal care and household products, and additives for animal feed and health supplements.
The Resource Efficiency segment offers innovative solutions for sustainable resource management in areas such as energy, water, and raw materials. This includes products and technologies for the automotive, construction, and coating industries, as well as additives for oil and gas processing.
The Performance Materials segment focuses on developing high-performance materials for a wide range of industries, including the automotive, electronics, and cosmetics sectors. This includes materials for lightweight construction, specialty films and membranes, and polymer composites.
Overall, Evonik's business model is based on delivering high-value, differentiated products and solutions to its customers, with a strong focus on sustainability and innovation. The company also places a strong emphasis on research and development, and strategic partnerships to drive growth and market leadership in its chosen segments.

1. Evonik Industries was founded in September 2007 as a result of a merger between two German chemical companies, Degussa AG and RAG.
2. The name Evonik is derived from the words “evo” for evolution and “nik” for technology, reflecting the company’s focus on innovation and technological advancement.
3. The company’s headquarters are located in Essen, Germany, but it has a global presence with operations in over 100 countries.
4. Evonik Industries is one of the world’s leading specialty chemicals companies, with a portfolio of over 4,000 products used in a variety of industries such as automotive, construction, healthcare, and electronics.
5. The company employs over 33,000 people worldwide and has 53 production sites spread across Europe, Asia, North America, and South America.
6. Evonik is a leader in the development of sustainable products and processes, with over 40% of its sales coming from products that have a high sustainability value.
7. The company has a strong focus on research and development, investing around 2 billion euros in R&D annually. It has over 25 research and development centers around the world.
8. Evonik Industries has a diverse and colorful history, with its origins dating back to the early 19th century. Degussa AG started as a silver and gold refining company, while RAG began as a coal mining company.
9. The company’s product portfolio includes specialty chemicals, animal nutrition, membranes, oil additives, and performance materials, among others.
10. Evonik Industries is known for its corporate culture, which values diversity, sustainability, and innovation. It has received multiple awards and recognition for its commitment to these values.
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