Evonik
Evonik has commissioned a new production facility for pyrogenic alumina in Yokkaichi, Japan. The project strengthens the company's presence in Asia, shortens supply chains, and supports regional customers with locally produced high-performance materials. The facility is a strategic step toward sustainable supply security and an example of technology-driven production in the specialty chemicals...
Evonik Oxeno has taken its planning processes to a new level: Together with OMP, the “Unison Planning” platform has been successfully migrated to the cloud. Since 2021, the company has been using scenario-based simulations for data-driven decisions along the value chain. With the modernized version, the Marl and Antwerp sites benefit from more efficient workflows, higher speed, and more decision...
Evonik has opened a world-scale alcoholate production facility on Jurong Island in Singapore. With a capacity of 100,000 tons, the company is strengthening its global supply chain and responding to growing demand in Asia. The new plant was completed in less than three years and sets new standards in terms of sustainability. It complements the international sites in Germany, the USA, and Argentina...
Evonik posted a significant decline in earnings in the second quarter of 2025 amid a challenging economic environment. Adjusted EBITDA was 12 percent below the prior-year figure at €509 million. Sales declined by 11 percent to €3.5 billion across the Group. Evonik attributes the decline to weak demand and economic uncertainty. These factors were compounded by negative exchange-rate effects and the...
Evonik outperformed the prior-year quarter in the first three months of 2025 despite the difficult environment. At €560 million, adjusted Ebitda was seven percent higher than the good prior-year figure. The improvement was driven by higher sales volumes, better-than-expected prices in Animal Nutrition, and continued cost discipline. “We had a good start to the year,” says Chief Executive Officer...
Evonik is building a pilot plant in Marl for the production of its anion exchange membrane (AEM for short). The company developed this membrane itself and markets it under the name Duraion. As a central component of the AEM water electrolysis, it has the potential to enable the cost-effective production of green hydrogen. Evonik is investing an amount in the low double-digit million euro amount in...
In the third quarter of this year, Evonik again earned significantly more than in the same period of the previous year. Group sales increased by two percent to €3.83 billion. Prices remained stable, while sales volumes rose by five percent. Adjusted Ebitda increased by 19 percent to €577 million from July to September. As a result, the specialty chemicals group reached the level of the second...
Evonik is driving forward the green transformation of industry. In its new innovation strategy, the specialty chemicals company is focusing even more strongly on the topic of sustainability. To this end, it is bundling a large part of its R&D activities into three new innovation growth cores. They are expected to achieve additional sales of 1.5 billion euros by 2032 compared to 2023.
With the successful completion of the sale of the superabsorbents business to the International Chemical Investors Group (ICIG), Evonik has finalized the sale of the Superabsorbents Business Unit. The transaction was closed on August 31, 2024, following approval by the antitrust authorities. Superabsorbents are powdered polymers that are used as highly absorbent materials in diapers and other...
Evonik significantly increased its earnings in the second quarter of 2024 despite a persistently difficult economic environment. The final figures confirm the preliminary data announced on July 15: adjusted EBITDA rose by 28 percent to €578 million compared to the previous year. Free cash flow was clearly positive at €217 million, following a cash outflow of €203 million a year earlier. “We are...
