July 24, 2016 12:40 AM ET

Chemicals

Company Overview of Evonik Industries AG

Company Overview

Evonik Industries AG engages in the specialty chemicals business worldwide. It operates through the Nutrition & Care, Resource Efficiency, Performance Materials, and Services segments. The Nutrition & Care segment offers specialty chemicals, including amphoteric surfactants, ceramides, phytosphingosines, fat chemistry products, quaternary derivatives, organically modified silicones, superabsorbents, amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine for use in consumer goods, animal nutrition, and healthcare sectors. The Resource Efficiency segment supplies high-performance materials, such as active oxygens, catalysts, coating additives, co...

Rellinghauser Strasse 1-11

Essen,  45128

Germany

33,600 Employees

Phone:

49 201 177 3341

Fax:

49 201 177 3013

Key Executives for Evonik Industries AG

Chairman of the Executive Board and Chief Executive Officer
Age: 60
Total Annual Compensation: €2.3M
Chief Financial Officer and Member of Executive Board
Age: 47
Total Annual Compensation: €1.3M
Chief Operating Officer and Member of Executive Board
Total Annual Compensation: €625.0K
Chief Human Resources Officer and Member of Executive Board
Age: 53
Total Annual Compensation: €1.3M
Deputy Chairman of the Executive Board
Age: 47
Total Annual Compensation: €1.3M
Compensation as of Fiscal Year 2015.

Evonik Industries AG Key Developments

Evonik Opens Amino Acid Plant in Brazil

Evonik has opened a biotechnological manufacturing facility in the southern Brazilian state of Parana to produce L-lysine, an amino acid used as an animal feed additive. The plant will use locally sourced agricultural products to make some 80,000 tonnes/year of L-lysine, which Evonik markets under the brand name Biolys. The facility, located in the town of Castro at an industrial complex owned by US-based Cargill, is Evonik's first L-lysine production plant in Latin America.

Evonik Opens Rheinfelden Silanes Research Centre

Evonik has opened a new silanes research centre at its site in Rheinfelden, Germany. Investment in the laboratory building was in the "low two-digit million" euros range and it was officially opened on July 14, 2016 after a two-year construction period. The centre will complement production facilities of the material at the same site and will also host Evonik's silanes application engineering, analytics and quality management departments.

TeamGaebler and Evonik Join Forces to Introduce SpeedFoiler

TeamGaebler and Evonik have joined forces to introduce the new SpeedFoiler, a foiling catamaran. The latest carbon fiber and composite technology make it possible to fly over the water. The specialty chemicals company Evonik offers a broad portfolio of composite and raw materials. These are, for example, sold under the brand names VESTAMIN, VESTANAT, NANOPOX and ROHACELL and such composite applications can be processed in parts of the fiber, in the plastic matrix and the foam core. Furthermore, the company has the necessary raw materials as well as the extensive processing and process know-how. With various raw materials and additives from Evonik, composites are incredibly stable despite their light weight. The SpeedFoiler has the dimensions of a C-class multihull: The length is 7.62 m, and the width is 4.26 m. The mast height is 12 m. The extremely lightweight materials and the revolutionary design of the SpeedFoiler, it will be possible to start races from 1 knot on. The upper wind limit will be around 30 knots. Martin Fischer, an eminently respected multihull and hydrofoil designer, worked on the project. To start with, Roland and Nahid Gaebler will use this boat to participate in some established regattas.

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