Evonik Industries AG
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Christian Kullmann
- Full Time Employees
- 31,053
- Sector
- Process industries
- Industry
- Chemicals: major diversified
- Address
- Rellinghauser Strasse 1-11 Essen Germany 45128
- IPO Date
- May 1, 2013
- Website
- evonik.com
- Similar Companies
- Business
- Evonik Industries AG (EVK.SW) operates as a leading global specialty chemicals company headquartered in Essen, Germany, with origins tracing back to the 2007 restructuring of RAG AG. The company produces a broad portfolio of specialty chemicals across segments including Specialty Additives for coatings and inks; Nutrition & Care encompassing animal nutrition, health care lipids for mRNA therapies, drug delivery systems, cell culture ingredients, and care solutions such as cosmetic actives and emulsifiers; Smart Materials covering inorganic materials and performance polymers; Performance Materials; and Technology & Infrastructure; with production plants in 27 countries and operations in over 100 countries serving industries like automotive, personal care, pharmaceuticals, and agriculture. Employing around 32,000 people, Evonik generated €15.2 billion in sales and €2.1 billion in adjusted EBITDA in 2024. Recent developments include pausing mergers and acquisitions until 2027 amid a major restructuring involving 2,000 job cuts by end-2026, a focus on biobased solutions and energy transitions, the 2023 acquisition of Novachem for sustainable cosmetics actives integrated into Care Solutions, a partnership with Schneider Electric to automate thermoplastic processing at its Essen site, and showcasing circular polymer innovations at K 2025.
Company News
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Evonik Industries AG (EVKIF) Q1 2025 Earnings Call Transcript
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