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March 31, 2015 9:33 PM ET

Chemicals

Company Overview of Evonik Corporation

Company Overview

Evonik Corporation manufactures and supplies specialty chemicals. It offers specialty chemicals for various applications in agriculture; automotive, transportation, and machinery; metals and mining, and oil and gas; pharmaceuticals and healthcare; printing, paints, and coatings; pulp, paper, and packaging; plastics and general industry; environment and utilities; home, lifestyle, and personal; care food, feed, and beverages; electronics and telecommunications; and construction markets. Evonik Corporation was formerly known as Evonik Degussa Corporation and changed its name to Evonik Corporation on January 1, 2013. The company was founded in 1977 and is based in Parsippany, New Jersey with ad...

299 Jefferson Road

Parsippany, NJ 07054

United States

Founded in 1977

Phone:

973-929-8000

Fax:

973-929-8013

Key Executives for Evonik Corporation

President
President of Coatings & Additives Business Unit
Chief Financial Officer for North America
Head of Consumer Specialties Americas
Head of The Consumer Specialties Business Unit
Compensation as of Fiscal Year 2014.

Evonik Corporation Key Developments

Evonik Corporation Reports Earnings Results for 2014; Provides Earnings Guidance for 2015

Evonik Corporation reported earnings results for 2014. For the year, the company reported grew sales 2% to €12.9 billion compared with €12.7 billion for 2013. Adjusted EBITDA was €1.9 billion compared with €2.0 billion for 2013. Net income was €568 million compared with €2,054 million, boosted by the proceeds from the sale of the real estate business. Adjusted net income was €740 million compared with €806 million for 2013. Adjusted earnings per share were €1.59 compared with €1.73 for 2013. The company expects to report slightly higher sales for fiscal 2015 (2014: €12.9 billion). Adjusted EBITDA should also be slightly higher than in the previous year (2014: €1,867 million).

Evonik Corporation Presents at BIO-Europe Spring 2015, Mar-09-2015

Evonik Corporation Presents at BIO-Europe Spring 2015, Mar-09-2015 . Venue: Paris Expo - Porte de Versailles, Hall 5, Paris, France.

Evonik Corporation Announces New Distribution Agreements with The Cary Company and Dorsett & Jackson, Inc

Evonik Corporation announced that it’s Inorganic Materials Business Unit has announced new agreements with The Cary Company and Dorsett & Jackson, Inc., to broaden distribution of its silica products in the U.S. Midwest and Western regions, respectively. Previously representing Evonik’s silica product lines in Minnesota, Wisconsin, North Dakota, South Dakota, Northern Indiana, and portions of Iowa and Illinois, The Cary Company will now also cover all of Iowa, Illinois, Missouri, Kansas and Nebraska. In addition to the territories of California, Oregon, Washington, Nevada and Arizona, Dorsett & Jackson, Inc., will represent Evonik’s silica product lines in Utah, Colorado, Wyoming, Montana, and Idaho. The agreement includes ACEMATT ® Matting Agents, SIPERNAT ® and SIDENT ® Precipitated Silica, AEROSIL ® Fumed Silica, AEROXIDE ® Mixed Metal Oxides, and AERODISP ® Dispersions.

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