Innovative process could significantly reduce energy requirements for the production important chemical products

25-Jan-2023

Evonik has launched the PlasCO2 project together with three partners. The aim is to use carbon dioxide (CO2) as a raw material in the production of C4 chemicals. The German Federal Ministry of Education and Research is funding the project with more than €1.8 million. PlasCO2 stands for ...

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Italian chemical company SABO acquires the two production sites in Marl, Germany and Liaoyang, China

24-Oct-2022

With the sale of its TAA derivatives business to SABO, Evonik is taking the next step in focusing its portfolio on specialty chemicals. The Italian chemical company is one of the world's leading manufacturers of light stabilizers, for which TAA derivatives are a raw material. On the sales price, ...

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Evonik aims to make the recycling of lithium simpler, more cost-effective, and more environmentally friendly

19-Sep-2022

Evonik aims to make the recycling of lithium simpler, more cost-effective, and more environmentally friendly. This metal is essential for the batteries used to drive millions of electric vehicles. At present, however, up to 95 percent is not recycled after use. Evonik’s researchers have therefore ...

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Energy supply at largest European sites largely secured even in case of Russian gas stop

09-Aug-2022

Evonik is making energy supply at its German sites significantly less dependent on natural gas. Substitution with alternative energy sources can replace up to 40 percent of Germany's natural gas supply - without significantly curtailing chemical production. In addition to safeguarding its own ...

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Fermentation of sugar replaces petrochemical raw materials

18-Jan-2022

Evonik is investing a three-digit million-euro sum in the construction of a new production plant for bio-based and fully biodegradable rhamnolipids. The decision to build the plant follows a breakthrough in Evonik's research and development. Rhamnolipids are biosurfactants and serve as active ...

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Kullmann will head the specialty chemicals company for another five years

03-Jun-2021

Christian Kullmann, who has been chairman of Evonik's executive board since May 2017, will head this Essen-based specialty chemicals company for another five years. At its meeting today, the supervisory board extended Kullmann's contract until May 2027. “Christian Kullmann has shown excellent ...

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Free cash flow almost triples to €312 million

07-May-2021

Evonik is more positive about its earnings for the year as a whole after posting a strong first quarter. Higher demand worldwide and improved selling prices in the quarter led to an increase in sales and earnings. The three growth divisions – Specialty Additives, Nutrition & Care and Smart ...

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Printed solid-state batteries impress with their long cycle life

23-Mar-2021

Evonik presents at the virtual exhibition LOPEC a new material technology for printable batteries. Together with the company InnovationLab, the specialty chemicals group proves the integration of TAeTTOOz® technology in printed electronics to open up new applications. TAeTTOOz® was develop based ...

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05-Mar-2021

Evonik has achieved the financial targets it set itself in May 2020. Production and logistics have been secured worldwide and all measures to protect the workforce have been consistently implemented. For 2021 the company is back on course for growth. "We passed the pandemic endurance test," said ...

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The investment is intended to support the development of an independent marketing platform for the chemical industry

04-Feb-2021

chembid, the world's largest search engine and market intelligence platform for chemicals, has gained Evonik, one of the world's leading specialty chemicals companies, as a new partner from the chemical industry. "chembid is a promising, innovative Software-as-a-service company. In recent years, ...

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