Germany now has a new industrial group: Evonik Industries has arrived
Germany now has a new
industrial group: Evonik Industries has arrived. At the company
headquarters in Essen, Dr. Werner Müller, CEO of the entity previously
operating under the name of RAG Beteiligungs-AG, today presented the new brand
with which Evonik plans to enter the capital market in the
first half of 2008.
“Evonik
is Germany's creative industrial group for chemicals, energy and
real estate. Our goal is to become one of the most creative
industrial groups in the world,” stated Dr. Müller as he introduced the new
group brand. “Our portfolio, which consists of
the Chemicals,
Energy, and Real Estate business areas, unites a strong substance with
attractive growth potential,“ continued Dr. Müller. The industrial group has
been christened Evonik Industries, representing the highlight of the
company‘s strategic realignment. This is
also the last step prior to entering the capital market. In the
future, German coal mining operations will
be known under the name of RAG, and will not be connected with
Evonik, the
new industrial group. “Evonik is now entering a new era
in group development. We are well positioned, and are looking
forward to joining the capital market,“
said Dr. Müller.
Evonik Industries has achieved an impressive track record during
the four years of group restructuring. The company significantly
increased operating performance in this period. Sales rose 3
percent to Euro7.565 billion in the first six months (H1 2006:
Euro7.328 billion). EBIT (earnings before interest and taxes)
rose 26 percent to Euro788 million (H1 2006: Euro625 million).
Evonik has divested its portfolio of some 480 companies with
sales of over Euro8 billion and 35,000 employees. During this
time, the acquisition of Degussa was completed, and the
shareholder squeeze-out was accomplished in just over three
months, a record time for Germany. Group structures were also
adjusted in a very short period of time to meet the requirements
for operating as a modern, high-performance company. “We are now in a better position to
develop our growth opportunities as a new force, right on time
for the christening of Evonik,” commented Dr. Müller.
Evonik Industries will expand its leading positions in
attractive, highgrowth markets. The company will benefit
in particular from the world's No. 1 economic megatrend -
improving and increasing global energy efficiency. “We are focusing here strongly on
profitable growth, and plan to conquer the markets of the future
with new, intelligent, leading products,“
according to Dr. Müller. Evonik already offers
customers all over the world products, services, and problem
solutions that help lower the consumption of natural resources
and reduce CO2 emissions, thus using energy more efficiently.
This includes production of key raw materials for the solar
energy industry; technology for fuel-saving tires; modern,
lightweight, and energy-saving materials for the transportation
sector, for instance; coal-conserving power plants and renewable
energies; and energy-saving solutions for housing construction. “Many of the growth sprinters in
our portfolio, with which we are already generating approximately
?3 billion in sales and very attractive margins, service? 'green‘
markets,“
commented Dr. Müller.
Active portfolio management
The company will continue to grow profitably, supported by the
key competencies of Evonik Industries. In addition to reliability
and a capacity for self-renewal, these features include in
particular creativity and specialization. “We are setting international
benchmarks with our products and services and are competent
leaders in quality and technology,” stated Dr. Müller. Evonik implements active
portfolio management to invest in promising businesses. “We use uniform group benchmarks to
ensure an optimum allocation of capital,“
added Dr. Müller. He explained that these
benchmarks include uniform minimum returns before taxes that are
applicable to the entire group: 16 percent in the Chemicals
business area, 10.5 percent in Energy, and 6.3 percent in Real
Estate.
Innovative power as pace setter for profitable growth
Evonik Industries plans to increase its innovative power in order
to expand the company's technological lead in its respective
areas of business. Today, the Chemicals business area already
generates 20 percent of its revenues from products that are less
than five years old. Evonik has more than 20,000 patents and over
35 research locations worldwide. The model of strategic research,
which is characterized by customer proximity, cooperation, and
short development cycles, is an important pace setter when it
comes to tapping new markets. Evonik will accelerate growth by
developing its global presence in growth markets, particularly in
Asia, Eastern Europe, and Latin America, and consistently
reinforcing marketing and sales.
Creative
advertising campaign to introduce new brand
The new brand of Evonik Industries, which along with the name and trademark also includes the new
corporate color, ?deep purple,” will be launched during the coming
weeks and months within the framework of a creative advertising
campaign. “We intend to let our success be
measured by the satisfaction of our employees and customers as
well as our performance on the capital markets,”
stated Dr. Müller. He added that Evonik intends
to create confidence by means of strong performance and good
earnings to gain esteem as a prime investment. Previous corporate
brands such as Degussa, Steag, and RAG Immobilien
will no longer exist.
The Chemicals, Energy, and Real Estate business areas now operate
under the company name of Evonik.
Company information
Evonik Industries AG is the creative industrial group which
operates in three highly profitable, promising business areas:
Chemicals, Energy and Real Estate. Evonik is a global leader in
specialty chemicals, an expert in power generation from hard coal
and renewable energies, and one of the largest private
residential real estate companies in Germany. Our strengths are
creativity, specialization, continuous self-renewal, and
reliability.
Evonik Industries is active in over 100 countries around the
world. In fiscal 2006 around 43,000 employees generated sales of
Euro14.8 billion and operating Profit (EBIT) of over Euro1.2
billion. Evonik plans to enter the capital market in the first
half of 2008.
ーーーー
As of September 12, 2007, the RAG industrial group and mining group have their own separate Internet homepages.
The international industrial group is now called Evonik Industries AG and does business in chemicals, energy and real estate. The three former subgroups Degussa, Steag and RAG Immobilien have been united in a new company with modern structures. Evonik Industries AG is scheduled to go public in 2008.
The mining operations will be continued under the name RAG.
ーーー
Evonik Industries AG's
three business areas harbor vast potential for profitable growth.
Our markets are specialty chemicals, power generation from coal
and renewable energy, as well as residential property.
In its Chemicals Business
Area, Evonik
ranks among the global industry leaders. We operate production
facilities in 30 countries, in the first half of 2007 employing a
workforce of some 34,000, over half of it in Germany.
Evonik's Chemicals Business Area boasts a broad and attractive
product portfolio. Our products and solutions are used almost
everywhere, from automobiles, plastics and rubber to the
pharmaceutical, biotechnology, cosmetics, paint, sealants and
adhesives industries. We are market leaders in over 80 percent of
our chemical activities. And in line with our strong R&D
focus, we generate some 20 percent of sales with products and
technologies that are less than five years old.
In its Energy Business
Area, Evonik
looks back on some 70 years' experience in coal-fired power
generation, with capabilities spanning project development,
financing, plant construction and operation. In Germany, we run
eight power stations and are the country's fifth largest power
generator. Nationally and internationally, we have some 9,000
megawatts in total installed output. We are a full-service
provider, delivering total solutions with our combined
engineering and consulting expertise. Customers in Germany and
abroad benefit from the technical know-how of our approximately
4,600-strong workforce (as per June 2007). With the construction
and operation of power stations in Turkey, Colombia and the
Philippines, we have shown how professional project development
can be successfully combined with tried and trusted financing and
operating approaches.
Evonik is already hard at work meeting the energy supply needs of
the future. Our Clean Competitive Electricity from Coal (CCEC)
technology fulfils all that is required of an ultra-modern power
plant: Its resource-saving design and 45 percent efficiency make
it more frugal and economic, safer and more environment-friendly
than conventional power stations. We are now using this
technology to build a ‘power plant of the future' in
Walsum, Germany. The other side of our business is renewable
energy: biomass, biogas, geothermal and mine gas. We lead the
German market with ten biomass power plants.
In its Real Estate Business Area, Evonik's 60,000-plus housing units put it in the big league of private residential property companies in Germany. With a geographical focus on the Ruhr region, Aachen and the northern Rhine cities of Düsseldorf, Cologne and Bonn, we provide homes to over 150,000 people?a demanding task which we fulfill with entrepreneurial efficiency and responsibility. A large part of our success is due to the fact that our vacancy rates and occupant turnover?the market's key performance indicators?are significantly better than the industry average. This is no accident. We attach great importance to carefully planned residential property utilization spanning the entire life cycle of a building. And we constantly adapt our portfolio to current needs, modernizing and refurbishing as necessary, tearing down where there is no other option, and building where it makes sense. Last but not least, we actively manage operating costs to keep ancillary costs paid by tenants predictable and reasonable.
2007/10/2 Evonik
(Degussa)
Evonik to Increase Alkoxide Capacity
Investments in the Double-Digit Million Euro range
Green light for new investments: Evonik Industries AG will build
an alkoxide
production facility at its Mobile, Alabama, site in the USA.
アルコキシド:水と反応してその表面がアルコール基になる材料
RO? （R は有機基）
金属アルコキシドはアルコール分子の水酸基の水素を金属原子で置換した化合物
The plant, designed
for a capacity of 60,000 metric tons, is expected to come on stream in
early 2009 and will supply customers throughout the NAFTA region.
A
second facility in Brazil is scheduled to start operation the
following year and
will supply the entire South American continent. With these
investments in the double-digit million euro range, Evonik is
reinforcing its commitment to producing alternative forms of
energy from renewable raw materials. Alkoxides are required as
catalysts in biodiesel production, and Evonik's Chemicals
business area is already the world market leader in specialty
catalysts for this application.
“With
these facilities, we continue to pursue our strategy of
strengthening our business in markets where we already occupy
leading positions and expect long-term growth. In view of the
intensive discussions concerning climate protection, we expect
significant double-digit growth in the biodiesel market. This
applies most particularly to the U.S., but also to the South
American market,” said Dr. Klaus Engel, member of
the Evonik Management Board with responsibility for the Chemicals
business area, explaining the investment. “Brazil is South America's most
attractive biodiesel market, and so the obvious location for
construction of a production facility,”
added Dr. Thomas
Haeberle, head of Evonik's Building Blocks Business Unit. The
business unit currently operates a plant producing alkoxides at
the Lulsdorf site near Cologne, Germany.
Mobile, with about 800 employees, is one of Evonik's largest
sites outside of Germany and its largest site in North America.
The company began building the production facility there in the
mid-1970s. Seven of Evonik's 14 business units now operate
facilities at the site, where a number of service units are also
represented.
Biodiesel is produced from natural oils such as rapeseed or soy
bean oil. The Evonik catalyst, a ready-to-use mixture of sodium
methylate and methanol, helps convert the natural oils - in a
chemical process known as transesterification - into fatty acid
methyl esters, or biodiesel. The advantages of the Evonik
catalyst are the consistently high yield and the purity of the
crude glycerol that is obtained as a byproduct. As Haeberle said:
“With
our catalyst, we are making an important contribution to climate
protection worldwide.”
Evonik Sanzheng Joint
Venture Builds Cyanuric Chloride Plant in China 塩化シアヌル
Euro 24
million investment in Chongqing secures strong market position
Evonik Industries
is systematically consolidating its already strong position in
the world market for cyanuric chloride, an intermediate used in
agricultural applications and in the textile, paper and plastics
industries. The cornerstone for a new plant was laid today in Chongqing
Industrial Park, Western China, with the participation of
representatives of the relevant Chinese regulatory authorities.
Construction is scheduled for completion by the end of 2008.
About 280 employees will work in the plant. With the construction
of the new plant, the existing capacity in China will be doubled and will
then reach 60,000 metric tons. Dr. Klaus Engel, a member of
Evonik's Executive Board with responsibility for the Chemicals
Business Area, said: “This new plant of ours will
strengthen our position in a highly competitive environment. From
2009 onward one of the focuses of our cyanuric chloride business
will lie in the China region, with its dynamic growth. So it's
particularly important for us to produce locally, and therefore
be closer to the customer.”
Responsibility for
the project lies with the joint venture Degussa Sanzheng
(Yingkou) Fine Chemicals Co., Ltd., which was established in
Yingkou, Northeastern China, in mid-2005. Cyanuric chloride (CYC)
and its derivatives have been produced there since the 1980s.
Under the joint venture, the capacity was expanded to about
30,000 metric tons in Yingkou. Evonik has a 65 percent stake in
the joint venture, the remainder being held by Liu Zhixun,
principal stakeholder and Deputy General Manager of Degussa
Sanzheng (Yingkou) Fine Chemicals (YSFC) in Northern China. YSFC
is a well-known CYC producer with extensive market experience in
China and Asia.
The approximately
650 employees of the joint venture generated sales of about ?46
million in 2006, mainly in the Asia region. With annual growth
rates exceeding 7 percent, China is a particularly attractive
market for CYC. In addition to the plant in Yingkou (Northeastern
China), Evonik currently also produces cyanuric chloride at the
German sites of Wesseling (North Rhine-Westphalia) and
Munchsmunster (Bavaria).
The reasons for the
choice of Chongqing Industrial Park, which lies in the western
part of the country, are its excellent supply of raw materials
and good industrial infrastructure. The project will involve
intensive exchange of know-how between Chinese and German
experts. Strict cost management and Chinese engineering will
ensure that project investments will be kept relatively low. At
the same time, safety will meet high Evonik standards.
The new production
facility is the latest in a continuing series of major
investments by Evonik Industries in China. The Group has been
producing specialty chemical products there since the early
1990s, and trade ties of various kinds go back even further. The
Group now owns 18 companies in China, with production sites in
more than ten cities. The product range includes precipitated
silica, carbon black, rubber silanes, amino acids, polyurethane
foam additives, coating polyesters, pigment pastes, color tinting
systems, high-performance polymers, and initiators for polymer
production.
In fiscal 2006,
about 4,000 employees in the China region generated sales of ?460
million, a 60 percent increase over the previous year’s sales of ?288 million.
Company information
Evonik Industries
is the creative industrial group which operates in three highly
profitable, promising business areas: Chemicals, Energy and Real
Estate. Evonik is a global leader in specialty chemicals, an
expert in power generation from hard coal and renewable energies,
and one of the largest private residential real estate companies
in Germany. Our strengths are creativity, specialization,
continuous self-renewal, and reliability.
Evonik is active in
over 100 countries around the world. In fiscal 2006 around 43,000
employees generated sales of Euro 4.8 billion and an operating
profit (EBIT) of over Euro1.2 billion. Evonik plans to enter the
capital markets in the first half of 2008.