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Corporation
INDUSTRIAL | Basic Materials / Specialty Chemicals
corporate.evonik.com

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Founded Year

1847

Stage

IPO | IPO

Total Raised

$4.488B

Date of IPO

4/25/2013

About Evonik

Evonik (FWB: EVK) is an industrial corporation that is primarily known for its specialty chemicals business, which operates in the nutrition & care, resource efficiency, performance materials, and technology & infrastructure segments. Evonik is also active in the energy sector, with expertise in power generation from hard coal and renewable energies; and real estate, as a private-sector housing company that focuses on letting housing to private households.

Evonik Headquarter Location

Rellinghauser Strasse 1-11

Essen, 45128,

Germany

+49 201 177-01

Latest Evonik News

Evonik/Wynca Chinese fumed silica plant goes on stream

Oct 20, 2021

The joint venture between Evonik and the Chinese company Wynca – Evonik Wynca (Zhenjiang) Silicon Material Co. is starting-up its new fumed silica plant. Located in the Zhenjiang New Material Industry Park in Jiangsu province, the plant is Evonik’s first fumed silica production site in China. It will produce fumed silica marketed under the brand name AEROSIL. More than 150 participants, including employees from Evonik and Wynca, partners, government and media representatives, attended the opening ceremony. Fumed silica is an important functional material. With features such as thickening, thixotropy, anti-precipitation, and matting, it has been widely applied in industrial applications such as silicones, coatings, adhesives, and sealants. The demands for fumed silica in the Chinese market is growing steadily. Evonik is a leading global supplier of silica with its products widely used in many high-growth markets. The joint venture will combine Evonik’s product technology with Wynca’s silicone industry chain, producing high-value fumed silica products through the comprehensive use of monomer by-products, methyltrichlorosilane and chlorosilane from Wynca. Meanwhile, the by-product hydrochloric acid will also be fully utilised as a raw material for Wynca Zhenjiang Site. This production loop is expected to contribute to synergies among silicone monomer, chlorosilane and fumed silica production, and ultimately to a circular economy. With this new joint venture, Evonik is well positioned to build a complete global supply chain of fumed silica for customers in China and Asia. Dr. Claudine Mollenkopf, head of Evonik Silica business line said: “I am excited to witness the cooperation between Evonik and the Chinese partner Wynca. The joint venture will be a strong complement to Evonik’s global presence in fumed silica. We expect win-win results through leveraging the expertise of both parties in silicon materials.” “The partnership allows both sides to realise integration and complementarity in the supply chain of fumed silica and the recycling of materials. The improved value chain will enable us to deliver premium services and products to customers in China and Asia,” said Jianhua Wu, Chairman of the Wynca Group. Fuliang Xia, president of Evonik Greater China, said in his speech at the opening ceremony: “Since the plant broke ground in December 2019, we’ve completed the construction work on schedule with high quality and safety standards. We live up to our commitment to the customers. Evonik continues to develop its global footprint and focus on providing local customers with tailor-made products and services. We are also looking forward to joining forces with Wynca, our strong partner in China, to drive the growth in the Chinese market.” Share via: In transportation, electric vehicles (EVs) are… Finnish tyre maker Nokian Tyres has… Italian tyre maker Pirelli has become the first… German commercial vehicle manufacturer and Volkswagen…

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Research containing Evonik

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CB Insights Intelligence Analysts have mentioned Evonik in 1 CB Insights research brief, most recently on Jul 29, 2020.

Expert Collections containing Evonik

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Evonik is included in 1 Expert Collection, including Life Science & Medical 3D Printing.

L

Life Science & Medical 3D Printing

411 items

Evonik Patents

Evonik has filed 549 patents.

The 3 most popular patent topics include:

  • Polymers
  • Chemical processes
  • Polymer chemistry
patents chart

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10/19/2021

Polymers, Thermoplastics, Piping, Plumbing, Fluid dynamics

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Polymers, Thermoplastics, Piping, Plumbing, Fluid dynamics

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