Evonik Industries

Evonik Industries AG
Company typeAktiengesellschaft
FWBEVK
MDAX Component
IndustrySpecialty chemicals
Founded2007; 17 years ago (2007)
HeadquartersEssen, Germany
Key people
ProductsChemicals
RevenueDecrease €12.199 billion (2017)[1]
Decrease €890 million (2020)[1]
Decrease €465 million (2020)[1]
Total assetsDecrease €20.897 billion (2020)[1]
Total equityDecrease €8.099 billion (2020)[1]
Number of employees
33,106 (2020)[1]
Websitewww.evonik.com

Evonik Industries AG is a publicly-listed German specialty chemicals company headquartered in Essen, North Rhine-Westphalia, Germany. It is the second-largest chemicals company in Germany,[2] and one of the largest specialty chemicals companies in the world. It is predominantly owned by the RAG Foundation and was founded on 12 September 2007 as a result of restructuring of the mining and technology group RAG AG.[3]

Evonik Industries united the business areas of chemicals, energy and real estate of RAG, while mining operations continue to be carried out by RAG. Since then, the energy and real estate business areas have been divested, with no share being held in the former and a minority share still being held in the latter. Its specialty chemicals business generates around 80% of sales in areas where it holds leading market positions. Evonik Industries employs about 37,000 people and carries out activities in more than 100 countries. The operating activities are organized into six business units that are a part of the chemicals business area. Evonik is the main sponsor of the German football club Borussia Dortmund.[4]

In 2022, Evonik's surfactant and specialty esters operations were acquired by Kensing.[5]

  1. ^ a b c d e f "Evonik Financial Report 2020" (PDF). Evonik Industries AG. Archived from the original (PDF) on 17 May 2022. Retrieved 1 February 2022.
  2. ^ Coast, Melody M. Bomgardner, C&EN West. "Clariant and Huntsman to join in $20 billion deal | Chemical & Engineering News". cen.acs.org. Retrieved 30 September 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ "Geschäftsbericht 2019 der RAG-Stiftung" (PDF). Archived from the original (PDF) on 27 February 2023. Retrieved 27 February 2023.
  4. ^ Burger, Ludwig (27 June 2014). "Borussia Dortmund wins sponsor Evonik as investor". Reuters. Archived from the original on 7 March 2016.
  5. ^ "Kensing to acquire Evonik's surfactant and specialty esters operations". nutritioninsight.com/. Retrieved 23 April 2024.