Company Overview

Business Description

Sector
Materials
Industry
Chemicals
Headquarters
Germany DE
Employees
30 643
IPO date
May 1, 2013

Evonik Industries AG is a German specialty chemicals company. It makes ingredients and materials that other companies use to improve their own products, such as additives for coatings and plastics, feed amino acids for animal nutrition, and specialty materials for things like adhesives, cosmetics, and medical products. Its customers are mainly industrial manufacturers, agriculture and animal feed producers, and consumer-goods companies that need consistent, high-performance chemical inputs.

The company sells these products through long-term supply relationships and technical service, rather than one-off consumer sales. It makes money by producing and selling specialty chemicals that are often tied to specific customer formulations or production processes, which can create recurring demand and switching costs. In many cases, Evonik is a supplier that sits in the middle of the value chain, helping its customers improve performance, efficiency, or product quality.

What makes Evonik different is its focus on specialized chemistry instead of basic bulk chemicals. That means it often competes on product know-how, reliability, and close customer support, not just on price. This gives the business a role as a behind-the-scenes partner to industrial and consumer brands that need tailored chemical ingredients.

Evonik Industries AG Investor Relations

Address
Rellinghauser Strasse 1-11
Essen, Nordrhein-Westfalen
Germany

Business Segments

Specialty Additives

This segment makes additives that improve how paints, coatings, adhesives, lubricants, plastics, and construction materials work and last.

Customers

Manufacturers of coatings, industrial fluids, plastics, and building materials.

Revenue Model

Evonik sells specialty chemical ingredients under supply contracts, often tailored to customer needs.

Nutrition and Care

This segment supplies ingredients used in animal nutrition, personal care, and health-related products.

Customers

Feed makers, cosmetics and personal care companies, and other manufacturers that need specialty ingredients.

Revenue Model

Evonik earns money by selling ingredient products and custom formulations to industrial customers.

Smart Materials

This segment makes high-performance materials such as silica, ceramics, and polymer materials used in demanding industrial applications.

Customers

Companies in tires, electronics, batteries, coatings, and other manufacturing industries.

Revenue Model

Revenue comes from selling specialty materials and application-specific products to business customers.

Technology and Infrastructure

This segment provides internal services and site infrastructure, including utilities, maintenance, engineering, and plant operations support for Evonik's sites.

Customers

Mainly Evonik's own production sites and business units.

Revenue Model

It is funded through internal charges and service fees for operating and maintaining the company's industrial infrastructure.

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Management

Dr. Harald Schwager

Deputy Chairman of the Executive Board

Biography unavailable

Maike Schuh

CFO & Member of Executive Board

Biography unavailable

Dr. Wilfried Ostendorf

Head of Production and Technology

Biography unavailable

Mr. Tim Lange

Head of Investor Relations

Biography unavailable

Mr. Thomas Mahlstedt

Vice President M&A, Corporate Legal & Compliance

Biography unavailable

Christian Schmid

Head of Corporate Communications

Biography unavailable

Dr. Stefan Mack

Head of the Methionine & Derivatives Product Line

Biography unavailable

Mr. Matthias Ruch

Head of External Communications & Corporate Press Officer

Biography unavailable

Dr. Gaetano Blanda

Head of Business Line Coating Additives

Biography unavailable

Ms. Lauren Kjeldsen

Head of the Smart Materials Division

Biography unavailable

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