Evonik Industries AG
XETRA:EVK

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Evonik Industries AG
XETRA:EVK
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Price: 16.47 EUR 0.18% Market Closed
Market Cap: 7.7B EUR
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Evonik Industries AG
Investor Relations

Evonik Industries AG, a German powerhouse in the chemical industry, has carved out a prominent position by focusing on specialty chemicals that serve a plethora of industries worldwide. Unlike conventional chemical companies rooted in commodity chemicals, Evonik stands out through its innovative portfolio that includes high-performance polymers, additives, and unique formulations that enhance product efficiency across various sectors. Their operations aren’t confined to producing basic chemicals; instead, they emphasize specialized applications contributing to fields like healthcare, nutrition, resource efficiency, and smart materials. This focus enables Evonik to develop products that are integral to the functionalities of automotive parts, pharmaceuticals, animal feeds, and even consumer goods, thereby embedding themselves across the global value chain.

In generating revenue, Evonik adopts a business strategy that leverages its deep expertise in research and development, alongside strategic acquisitions and partnerships. Their R&D efforts are devoted to pioneering sustainable solutions – from energy-efficient building materials to biodegradable plastics – aligning with global sustainability trends. This innovative edge helps ensure that their products not only meet current market demands but also anticipate future needs. Revenue flows largely from the sale of these specialty products, which enjoy higher margins compared to traditional chemicals due to their unique applications and value-added benefits. Additionally, Evonik's strategic geographic expansion, particularly in emerging markets, and adaptation to local customer needs further drive growth, underpinning their continued success and ability to capture value in a rapidly evolving global market.

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Management

Dr. Harald Schwager
Deputy Chairman of the Executive Board
No Bio Available
Maike Schuh
CFO & Member of Executive Board
No Bio Available
Dr. Wilfried Ostendorf
Head of Production and Technology
No Bio Available
Mr. Tim Lange
Head of Investor Relations
No Bio Available
Mr. Thomas Mahlstedt
Vice President M&A, Corporate Legal & Compliance
No Bio Available
Christian Schmid
Head of Corporate Communications
No Bio Available
Dr. Stefan Mack
Head of the Methionine & Derivatives Product Line
No Bio Available
Mr. Matthias Ruch
Head of External Communications & Corporate Press Officer
No Bio Available
Dr. Gaetano Blanda
Head of Business Line Coating Additives
No Bio Available
Ms. Lauren Kjeldsen
Head of the Smart Materials Division
No Bio Available

Contacts

Address
NORDRHEIN-WESTFALEN
Essen
Rellinghauser Strasse 1-11
Contacts