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333 Current news of Evonikrss
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This is Evonik’s first venture capital investment in Israel, and strengthens the company’s Specialty Additives Growth Engine
Through its venture capital unit, Evonik has invested in Velox, a digital printing technology developer located in Rosh HaAyin, Israel. This marks the company’s first investment in Israel, which has become a hub for start-ups. Velox possesses new digital printing technology for cost effective ...
Facility to meet large demand in attractive markets for 3-D printing and metal coatings
Evonik Industries has opened another production line for specialty polyamide 12 powders (PA 12) of its VESTOSINT® brand at its largest global production site in the Marl Chemical Park. The new facility primarily produces high-performance powders for the 3-D printing market, which is expanding ...
The production of Neolyse Ibbenbüren GmbH, a joint venture of AkzoNobel Specialty Chemicals and Evonik Industries AG at the AkzoNobel site in Ibbenbüren (Germany), is off to a successful start. The plant with its state-of-the-art membrane technology has an annual capacity of 120,000 metric tons ...
Test plant will produce “green” chemistry and serve as an energy store for eco-electricity
Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals. The two companies are working on electrolysis and fermentation processes in a joint research project called Rheticus. The project was launched today and ...
Evonik invests in Danish hydrogen peroxide start-up
Evonik has invested in the startup HPNow ApS through its venture capital unit and now holds a minority stake in the company, which is headquartered in Copenhagen (Denmark). HPNow has developed a technology for producing hydrogen peroxide (H2O2) in a fully automatic system using water, air, and an ...
Evonik Industries has opened another membrane production facility at its Austrian plant in Schörfling. The new hollow fiber spinning plant predominantly produces membrane modules for efficient nitrogen generation and for process gases. Nitrogen accounts for roughly 40 percent of the estimated ...
At the end of September, Evonik celebrated the opening of the new site for its Evonik Advanced Botanicals subsidiary in Tours (France). Now part of the Personal Care Business Line, the new subsidiary was created in 2016 when Evonik acquired experts in biotechnological production of plant-based ...
Evonik has started up a new plant in Shanghai, China, for production of a wide range of organically modified specialty silicones. The products, which are manufactured in batch processes, are used in, for example, polyurethane, paints, and coatings applications as well as in a variety of ...
Initial synergies from integration of the Air Products specialty additives business
Evonik grew sales to €7.3 billion in the first six months of 2017. The rise of 15 percent compared with the first half of 2016 was partly due to the first-time consolidation of the specialty additives business of the US company Air Products. Evonik acquired this business in January. Other reasons ...
Investment sum in the upper double-digit million euro range
Evonik is investing an amount in the upper double-digit million euro range in the expansion of its fumed silica capacities in Antwerp, Belgium. The production complex is scheduled to become operational in the summer of 2019. Typical applications of these specialty silica, which Evonik markets ...