Evonik

Evonik Industries AG is a German multinational specialty chemicals company headquartered in Essen, North Rhine-Westphalia. The company develops and produces high-performance chemicals and materials used in a range of industries, including transportation, nutrition, construction and electronics. It operates globally through numerous production sites and sales offices and serves customers in many countries.

History: The modern Evonik traces its origins to Degussa AG, a historic German chemical company. In 2007, Degussa's chemical business was reorganized and renamed Evonik Industries AG as part of a broader corporate restructuring.

Operations: Evonik's activities are organized into three main segments: Nutrition & Care, Resource Efficiency, and Performance Materials. Nutrition & Care covers specialty nutrients and ingredients for animal and human nutrition. Resource Efficiency provides additives, catalysts, silica and other materials that improve resource use and efficiency. Performance Materials develops high-performance polymers, coatings and specialty materials for automotive, construction, and electronics.

Products and applications: The company markets methionine for animal nutrition and a range of other feed additives. It also produces specialty silica, catalysts, polymer additives, and performance materials for a variety of industrial applications.

Corporate and sustainability: Evonik is publicly traded on the Frankfurt Stock Exchange. It emphasizes sustainable chemistry, energy efficiency and digitalization across its operations, aiming to reduce emissions and improve resource use while expanding its portfolio through research and selective acquisitions.