Evonik Industries AG - Company Profile
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Business Description
Evonik Industries AG (Evonik), a subsidiary of RAG-Stiftung, manufactures and sells specialty chemicals. It also offers process technology, technical, logistics, engineering, utilities, site, and waste management services.
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R&D Overview
Evonik believes innovations and a systematic alignment to specialty chemicals as critical growth pillars to become a best-in-class specialty chemical company. Its R&D focuses on six fields, sustainable nutrition, healthcare solutions, advanced food ingredients, membranes, cosmetic solutions and additive manufacturing. It carries out R&D through operating segments, an innovation unit Creavis and more than 40 R&D sites worldwide. Evonik also invests in start-ups and specialized technology funds. As of December 2022, the company held approximately 24,000 pending and registered trademarks. In FY2022, the company filed around 256 new patent applications. In FY2022, the company spent EUR460 million on R&D, which as a percentage of revenue, stood at 2.5% and decreased by 0.9% YoY.
Business Segments
- Nutrition & Care
- Performance Materials
- Smart Materials
- Specialty Additives
- Technology & Infrastructure
- Other Activities
Overview
Comprises of organically oleochemical derivatives, and active ingredients produced by biotechnology. Major focal areas are ingredients, additives, and system solutions for consumer goods and specific industrial applications. Portfolio includes amphoteric surfactants, phytosphingosines, ceramides, oleochemical, quaternary derivatives, organically modified silicones, amino acids and amino acid derivatives, polyurethane additives, superabsorbent, exclusive synthesis, pharmaceutical polymers and DL-methionine. In FY2022, the segment’s capital expenditure stood at EUR243 million, which increased 48.2% YoY.
Performance
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Overview
Produces and sells polymer materials and intermediates, for plastic, rubber and agriculture industries. Product portfolio includes butene-1, isononanol, diisononyl phthalate (DINP), alkoxides and cyanuric chloride. Its products find application in pharmaceuticals, biodiesel, agrochemicals and other catalysts, coatings, adhesives, plastics, optical lenses, additives and others. In FY2022, the segment’s capital expenditure stood at EUR62 million, which decreased 1.6% YoY.
Performance
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Overview
Supplies high-performance materials for energy efficient and specialty additives for system solutions for the automotive, adhesives, paints and coatings, construction and other industries. The portfolio of products includes hydrogen peroxide, activated nickel catalysts, amorphous polyalphaolefins, precious metal powder catalysts, polyester resins, polybutadienes, chlorosilanes, organosilanes, peracetic acid and others. In FY2022, the segment’s capital expenditure stood at EUR264 million, which decreased 30.3% YoY.
Performance
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Overview
Supplies high-performance additives based on an extensive range of organically modified silicones and versatile crosslinkers for consumer goods and specialized industrial applications. In FY2022, the segment’s capital expenditure stood at EUR106 million, which increased 11.3% YoY.
Performance
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Overview
Offers site management, utilities, and waste management, process technology, technical, logistics and engineering services for external customers and its chemicals division. Also provides standardized group-wide business-support services. In FY2022, the segment’s capital expenditure stood at EUR120 million, which decreased 25.9% YoY.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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