Evonik

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Evonik Industries AG is a global specialty chemicals company that focuses on developing innovative and custom-designed products for various industries. The company's extensive product portfolio spans multiple sectors, including automotive, pharmaceuticals, agriculture, construction, electronics, and personal care. Evonik's operations are divided into several business divisions, such as Specialty Additives, Nutrition & Care, Smart Materials, and Performance Materials. Each division contributes to the company's goal of improving life through chemistry.

In 2023, Evonik generated sales of EUR 15.3 billion and an operating profit (adjusted EBITDA) of EUR 1.66 billion. The company's workforce of over 33,000 employees is spread across more than 100 countries worldwide. Evonik maintains 104 production facilities in 27 countries across six continents, ensuring proximity to markets and customers. Some of its largest production sites are located in Germany, Belgium, the US, China, and Singapore.

One of Evonik's notable achievements is the large-scale production of rhamnolipids, biologically-based substances with diverse applications. The company's product range includes high-performance additives, crosslinkers, amino acids for animal nutrition, pharmaceutical active ingredients, and materials for orthopedic and medical applications. Evonik also produces inorganic materials such as silicas and silanes, as well as high-tech polymers like polyamide 12 for various industrial uses.

Evonik's commitment to innovation extends to sustainability efforts, focusing on biogenic raw materials and CO2 reduction. The company's Technology & Infrastructure division drives innovation and digitization in chemical production, offering expertise in energy management, process engineering, and digital solutions for the industry.

Key customers and partnerships

Evonik serves a wide range of industries, including tire manufacturers, mattress producers, pharmaceutical companies, and animal feed suppliers. Evonik's presence spans multiple sectors, including automotive, transportation, machinery, coatings, paints, printing inks, construction, electronics, telecommunication, food, beverages, and personal care.

The company maintains a strong presence in North America, with more than 30 major production sites in the US and Canada, employing approximately 5,000 people in the region. Principal locations include Mobile, AL; Lafayette, IN; Piscataway, NJ; Allentown, PA; Birmingham, AL; Greensboro, NC; Mapleton, IL; Etowah, TN; Blair, NE; Richmond, VA; Tonawanda, NY; and Little Rock, AR. This extensive network allows Evonik to work closely with customers across various industries, developing tailored solutions to meet specific needs.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
299 Jefferson Road Parsippany NJ USA
Founded year:
2007
Employees:
10,000
IPO status:
Private
Total funding:
-
Last Funding:
-
Last valuation:
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