Evonik Industries and Cristal Material Corporation establish Joint Venture for Manufacture of Glass Lenses for LEDs
07-10-2009: Evonik Industries AG and Cristal Material Corporation have formed a new joint venture to manufacture high-quality glass lenses for next-generation LEDs, which will marketed under the Savosil™ brand. The Evonik Cristal Materials Corporation joint venture will complement Evonik's strategy as a solution provider to the lighting industry while providing Cristal Material Corporation access to a highly innovative market.
"The LED market will see many new areas of application open up. Evonik Cristal Materials Corporation will help its customers develop new technologies faster, technologies such as UV LEDs to sterilize water, LEDs in automobiles, and LEDs for general lighting," said Patrik Wohlhauser, chairman of Evonik Degussa GmbH's management board. "Participating in the joint venture offers Evonik an attractive opportunity for forward integration along the entire supply chain in the growing LED market," added Wohlhauser. The lenses produced by the joint venture will be sold to LED manufacturers.
The LED lenses will be produced using Evonik's patented SiVARA™ Sol-Gel technology, which allows glass lenses of consistent quality to be manufactured in any desired shape. The process recently received the Frost and Sullivan European Technology Innovation Award.
With effect from June 1, 2014, Gregor Hetzke will head up Evonik’s Advanced Intermediates Business Unit. He succeeds Jan Van den Bergh, who had managed the business unit since 2009. Van den Bergh will now coordinate the India, Korea, Japan, Sub-Saharan Africa, and MENA regions.
Gregor Hetzk ... more
Effective June 1, 2014, Dr. Michael Pack will become Head of Evonik Industries’ Performance Polymers Business Unit. He succeeds Gregor Hetzke, who has led the business unit since 2008, Hetzke will assume leadership of Evonik’s Advanced Intermediates Business Unit on the same day.
Pack, whos ... more
Evonik Industries and the University of Tokyo plan to work together closely in selected fields in the future and have sealed a strategic partnership for this purpose. Prof. Dr. Noboru Harata, Director General of Division of University Corporate Relations (DUCR), the University of Tokyo, Ulr ... more
Evonik is one of the world's leading specialty chemicals companies. Profitable growth and sustained value creation form the heart of our strategy. Around 80 percent of sales come from leading market positions, which we plan to expand further. We concentrate on high-growth megatrends, especi ... more
The Business Area Chemicals of Evonik which is active in the attractive field of specialty chemicals, holds top positions world wide.
As Germany’s fifth largest power producer, Evonik is market and technology leader in the planning, construction and operation of highly efficient coal-fired ... more
In Latin America Degussa is operating production locations in Brazil, Colombia, Argentina and Chile, among others, and employs a share of 2% of Degussa's workforce. The year 2005 saw sales increase by 20% to EUR 413 million. Feed additives and hydrogen peroxide products are focus areas of t ... more
Evonik Industries AG and Cristal Material Corporation have formed a new joint venture to manufacture high-quality glass lenses for next-generation LEDs, which will marketed under the Savosil™ brand. The Evonik Cristal Materials Corporation joint venture will complement Evonik's strategy as ... more