Evonik

About

Evonik Industries AG is a global leader in specialty chemicals, headquartered in Essen, Germany. The company's operations are strategically aligned with key megatrends, including health, nutrition, resource efficiency, and globalization. With a presence in over 100 countries, Evonik is committed to developing innovative, profitable, and sustainable solutions for a wide array of industries. Its diverse portfolio caters to markets such as agriculture, automotive, construction, consumer goods, pharmaceuticals, and plastics. The company's history, through its predecessors, dates back over 150 years, with the modern Evonik Industries AG being established on September 12, 2007, following a restructuring of the RAG Group. This extensive heritage provides a deep-rooted foundation of expertise and innovation in the chemical sector. The corporate structure of Evonik is organized into several specialized segments, including Specialty Additives, Nutrition & Care, Smart Materials, and Performance Materials. This framework allows for a focused approach to research and development, enabling the creation of high-performance products that address specific customer needs and market demands. For instance, the Specialty Additives segment develops products that enhance the performance of materials like polyurethane foams and coatings, while the Nutrition & Care division focuses on products for human well-being and animal nutrition. Evonik's commitment to innovation is further demonstrated by its significant investment in research and development, with thousands of R&D staff across numerous global locations. The company actively pursues growth through the expansion of its existing businesses, strategic acquisitions, partnerships, and leveraging the opportunities presented by digitalization to maintain its position at the forefront of the specialty chemicals industry.