Sales decline 14 percent on weaker demand, adjusted EBITDA falls 19 percent

07-Aug-2020

Against the backdrop of the worldwide recession triggered by the Corona pandemic, Evonik is getting through the crisis well. Nevertheless, sales and earnings in the second quarter decreased compared to the previous year due to significantly weaker demand in some markets. Company sales fell by 14 ...

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With this cooperation, chembid and Evonik want to simplify the processes from the production to the sale of coating products for their customers

20-Jul-2020

chembid and the Coating Additives Business Line of Evonik announce their cooperation. The platforms have set themselves the goal of making processes and decisions for chemical companies more efficient and driving forward the digitization in the chemical industry. The basis for this are ...

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Polymer chemistry is the key to efficient electrolysis

19-Jun-2020

Green hydrogen is a beacon of hope in the energy transition, both as a carbon-free fuel for industry and transportation, and as a key raw material for the chemical industry. Green hydrogen is produced from water by electrolysis using electricity generated from renewable resources. It is still ...

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Consortium of 24 partners: Innovative plant combines several previously separate production steps

23-Apr-2020

Evonik is continuing to strengthen its position as one of the leading companies in the field of C4 chemistry. MACBETH (Membranes And Catalysts Beyond Economic and Technological Hurdles), the largest EU-funded project coordinated by Evonik to date, was recently launched The aim is to develop a new ...

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New company structure mirrors strategy

04-Mar-2020

Evonik has kept earnings stable despite a deteriorating global economy. Adjusted EBITDA in 2019 was €2.153 billion compared with €2.150 billion in the previous year. Sales fell slightly by 1 percent to €13.1 billion. “We achieved our outlook and kept our earnings stable even in a market ...

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New multi-purpose silicone production facility in Geesthacht, Germany

14-Jan-2020

Following its double-digit million euro investment and after less than 18 months of construction, Evonik officially opened its new multi-purpose silicones manufacturing facility in Geesthacht, Germany. A celebratory inauguration ceremony was held at the site on 10th January. Located in Northern ...

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Realization of a "Dream Reaction": First direct carbonylation of 1,3-butadiene successful

08-Jan-2020

A research team with leading participation of Evonik has achieved a breakthrough in the field of carbonylation chemistry. Carbonylation is one of the most important types of reaction in the chemical industry. It involves the catalyzed introduction of a CO group (carbonyl group) into organic ...

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04-Dec-2019

Evonik plans to increase its capacity for sodium methylate at its Rosario/Santa Fe facility from 60,000 metric tons up to 90,000 metric tons until 2021. The expansion is driven by growing demand for biodiesel in South America, mainly Argentina and Brazil. Sodium methylate is an important catalyst ...

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25-Nov-2019

Due to increasing demand for lightweight construction materials for specialty applications, Evonik is expanding its production of ROHACELL® high-performance rigid, closed-cell foams at its Mobile, Alabama site in the United States. The production expansion is scheduled to be completed by the ...

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08-Nov-2019

As part of the European Union's "Horizon 2020" research program, Evonik and nine project partners from five countries have succeeded in developing a novel new reactor for catalysing OXO reactions, which is 70% more energy efficient. The ROMEO (Reactor Optimization by Membrane Enhanced Operation) ...

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