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09.09.2019

Article

Evonik Invests in Chinese 3D-Printing Start-Up

Evonik Venture Capital invests in a 3D-printing start-up in China that makes implants for neuro and spine surgery. The company is the lead investor in a high single-digit million-euro round of fundraising for Shanghai-based Meditool.

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14.08.2019

Article

New Head of Process Technology & Engineering Business at Evonik

Dr. Axel Kobus took over as head of the Process Technology & Engineering Business at Evonik on July 1, 2019. He succeeds Dr. Wilhelm Otten, who until he leaves the company on December 31, 2019, will be responsible for an internal project in addition to his committee work.

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05.03.2019

Article

Evonik Sells Methacrylates Business to Advent International

Evonik has signed an agreement to sell its Methacrylates business to Advent International for approx. $ 3.4 billion. The selling price (enterprise value) is 8.5 times the business’ Ebitda.

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23.02.2019

Article

Evonik Commences Basic Planning for Capacity Expansion of Hydrogen Peroxide

Evonik is responding to the growing demand for active oxygen by increasing production capacity and providing more efficient and faster delivery to customers. Already in 2018 completed measures are now being complemented by an additional production line in Antwerp.

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17.02.2019

Article

Evonik Doubles Venture Capital for Disruptive Technologies

Evonik has launched its second venture capital fund with a volume of $ 170 million, more than doubling the amount under management to $ 282 million. The new fund is intended to help secure access to disruptive technologies and innovative business models as well as supporting the ...

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27.06.2018

Article

Evonik Invests in US Catalysts Plant

The Evonik Business Line Catalysts (KA) extended its long-term partnership with a global leader in refinery catalysts. To this end, the company manufactures their state of the art hydroprocessing catalysts in its plant in Calvert City, Kentucky.

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30.04.2018

Article

Chemicals from CO2: Breathing New Life into Waste Gas

Science, industry and politics are joining forces to turn exhaust gases into chemical raw materials — Some 20 million tons of CO2 are at stake — this is the amount of greenhouse gas Germany's steelworks emit into the atmosphere every year. No surprise then that expert...

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20.05.2014

Article

Evonik Commences Isophorone Facilities in China

Evonik has commenced an integrated production complex for isophorone and isophorone diamine in Shanghai, China. The company has invested over €100 million in the facilities, which will have an annual output capacity of 50,000 metric tons. Construction in the Shanghai Chemical Ind...

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04.03.2014

Article

Evonik Acquires American Silicic Acid Esters Producer Silbond

Evonik strengthens its position in functional silanes with the acquisition of US company Silbond, a leading supplier of silicic acid esters.

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15.11.2013

Article

Evonik Expands Capacities for Isophorone and Derivatives

German speciality chemcals company Evonik boosts its global production capacities for isophorone (IP) and isophorone diamine (IPD) with an € 100 million dollar investment in Shanghai. There, the company builds a new production site, scheduled to go onstream in 2014...

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10.10.2012

Article

Speciality Chemicals Company Evonik Invests Heavily in Biotechnologies

German speciality chemicals company Evonik plans further investment in its Biotech branch: The production of bio–based amino acids for animal feed shall be boosted with some €350 million by 2014, company speakers explained.

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16.12.2011

Article

Evonik Builds Advanced Methionine Production for € 500 Million

Evonik boosts its methionine production capacity with a € 500 million investment: The German chemical company has presented its plans to build a 150,000 tons/year facility in Singapore.

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19.08.2011

Article

Evonik to Start Construction on Specialty Chemical Facility for Electronic Chips

Germany-based Evonik Industries has begun building a second hexachlorodisilane (HCDS) production facility in Rheinfelden, a city in Germany’s Baden region. Production is scheduled to begin in the second half of 2012.

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16.06.2011

Article

Renewable Resources Gain a Foothold in the Chemical Industry

Ludicrous future vision or innovation stimulator? What is the current status of bio-based platform chemicals? Whatever potential people might see in renewable resources — the new “green gold” — , the overriding consideration must be the competitiveness of “green” production.

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27.10.2010

Article

The Chemical Industry Tries to Recycle Carbon Dioxide Back Into Production

Carbon dioxide is a greenhouse gas. Gigatonnes of CO2 are released into the atmosphere worldwide, but the chemical industry is beginning to realize that the gas has very significant economic potential.

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10.05.2010

Article

Evonik to Expand Production Capacities

Evonik Industries is expanding its production capacities for triace- tonamine derivatives in China.

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05.01.2008

Article

All in a Regular Day’s Work for Simulation Experts

Process and plant designers are agreed: Simulation tools have revolutionized their work. Has an el dorado of unlimited possibilities opened itself up to process engineers? Or are they still coming up against limitations today?

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