Evonik
Evonik, a global leader in specialty chemicals, operates in over 100 countries with significant commitments to sustainability and innovation.
Company Overview
Evonik is a global leader in specialty chemicals, with operations in more than 100 countries. In 2023, the company reported sales of €15.3 billion and an operating profit (adjusted EBITDA) of €1.66 billion. Evonik aims to generate more than 50% of its overall revenue from Next Generation Solutions by 2030. The company is actively working towards reducing direct and indirect greenhouse gas emissions in accordance with the Paris Agreement.
Environmental Commitment
Evonik is committed to sustainability and reducing its environmental impact. The company's climate targets are certified by the Science Based Targets initiative. Evonik is focusing on energy-efficient, bio-based, and circular solutions in its research and development activities. This commitment is part of Evonik's broader strategy to align with global environmental standards and contribute to a sustainable future.
Global Presence
Evonik operates production plants in 27 countries across six continents, demonstrating its extensive global reach. The company's presence in more than 100 countries allows it to serve a diverse range of markets and industries. This global operations network plays a crucial role in Evonik's ability to deliver innovative specialty chemical solutions worldwide.
Financial Performance 2023
In 2023, Evonik achieved significant financial milestones, generating sales of €15.3 billion. The company reported an operating profit (adjusted EBITDA) of €1.66 billion. These financial results reflect Evonik's effective business strategies and its leading position in the specialty chemicals sector. The company is positioned for continued growth and profitability in the coming years.
Research and Development Investments
Evonik received a €500 million loan from the European Investment Bank to finance its European research and development activities. The company's R&D efforts are centered on creating energy-efficient, bio-based, and circular solutions. These initiatives are pivotal to Evonik's strategy of driving innovation and maintaining its leadership in the specialty chemicals industry.