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October 10, 2015 9:41 AM ET


Company Overview of Evonik Industries AG

Company Overview

Evonik Industries AG operates as a specialty chemicals company worldwide. Its Consumer, Health & Nutrition segment offers specialty chemicals primarily for consumer goods, animal nutrition, and healthcare sectors, including amphoteric surfactants, ceramides, phytosphingosines, fat chemistry products, quaternary derivatives, organically modified silicones, and superabsorbents; and amino acids and amino acid derivatives, synthesis products, pharmaceutical polymers, and DL-methionine. The company’s Resource Efficiency segment provides inorganic materials, such as fumed silicas, fumed metal oxides, precipitated silicas, matting agents, organosilanes, chlorosilanes, activated nickel catalysts, an...

Rellinghauser Strasse 1-11

Essen,  45128


33,187 Employees


49 201 177 01


49 201 177 3475

Key Executives for Evonik Industries AG

Chairman of the Executive Board and Chief Executive Officer
Age: 59
Total Annual Compensation: $2.3M
Chief Financial Officer and Member of Executive Board
Age: 46
Total Annual Compensation: $1.3M
Chief Strategic Officer and Member of Executive Board
Age: 46
Total Annual Compensation: $625.0K
Chief Human Resources Officer and Member of Executive Board
Age: 52
Total Annual Compensation: $1.3M
Compensation as of Fiscal Year 2014.

Evonik Industries AG Key Developments

Evonik Industries Launches VESTAMID HTplus M8000

Evonik Industries has announced that its Resource Efficiency segment has launched VESTAMID HTplus M8000, a new product developed for high-performance applications in the electrical and electronics industry. VESTAMID HTplus M8000 provides the key base ingredient in a compound for making products such as high-performance LEDs highly temperature resistant and light-stable. Such high-performance LEDs can typically by found in car headlamps, flat screen televisions and even outdoor stadium lightings. In addition, the LED housing must also be light-stable to retain its optical and thermal properties during its service life. Otherwise the housing may turned yellowish due to effects of the UV light and the heat generated by the LEDs. As a result, the color temperature of the LEDs can change, or even failed prematurely. In another application, VESTAMID HTplus M8000 enables the compound to provide the mechanical integrity for the moveable lens module units found in the smartphones. This is the limitation of existing lens modules based on LCP (liquid crystal polymer) where the presence of weld lines could led to the breakage of the movable frame. As a result, such moveable lens module units build on VESTAMID HTplus M8000 based compound allow a higher pixel count design specification and consequently increases the image resolution of the smartphone camera. VESTAMID HTplus M8000 is partially based on the castor oil plant, a resource which is not used for feeding animals and which is not in competition with food cultivation.

Evonik to Build Second Singapore Methionine Plant

Evonik is to build a new complex to produce the animal nutrition amino acid DL-methionine, with a projected capacity of 150,000 tonnes/year. The new plant - which is still awaiting Evonik committee approval - is expected to start operations in 2019.

Evonik Industries AG Launches New Dispersing Additive

Evonik Industries AG has launched TEGO Dispers 678, a new dispersing additive, which is designed for both high-solid and medium-solid solventborne direct grinds in industrial coatings.

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