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.
vonik Corporation opened a new 20,000 metric ton expansion at its precipitated silica site in Chester, Pa.
“This is a very exciting day,” said Andreas Fischer, Head of Evonik’s Silica Business Line. “Chester is an integral part of Evonik’s global silica business. We have expanded our plants ... more
Evonik Industries has announced an expansion of its specialty silica capacities in Ako, Japan through a holding in DSL Japan Co. Ltd. (DSL). Evonik holds 51 percent of shares in DSL, a joint venture with the Japanese Shionogi & Co. Ltd. The expansion, with an investment volume in the single ... more
Evonik is investing in its German operations with new large-scale industrial plants, capacity expansions, and new research centers. The company plans to invest some two billion Euros of the extensive investment program it has developed as part of its growth strategy from 2012 to 2016 in Ger ... 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