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352 Current news of Evonikrss
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Consortium of 24 partners: Innovative plant combines several previously separate production steps
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 ...
New company structure mirrors strategy
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 ...
New multi-purpose silicone production facility in Geesthacht, Germany
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 ...
Realization of a "Dream Reaction": First direct carbonylation of 1,3-butadiene successful
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 ...
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 ...
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 ...
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) ...
Stricter cost discipline supports earnings
Evonik is sticking to its full-year earnings outlook despite an ongoing weakness in the global economy. The company expects adjusted EBITDA to remain at least stable compared with last year. Sales are now expected to be slightly lower than the previous year because of lower demand. Evonik had ...
Dow and Evonik have entered into an exclusive technology partnership. Together, they plan to bring a unique method for directly synthesizing propylene glycol (PG) from propylene and hydrogen peroxide to market maturity. The basis for the method, named HYPROSYN™, has been created over the last few ...
Evonik Venture Capital has invested in an Israeli software start-up that helps industrial companies adopt 3D printing. Castor Technologies has developed a software that assesses a part’s printability, the best printing material, cost and lead time. The technology helps manufacturers decide if and ...