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Evonik to change structure, sell superabsorbents

During its 2023 results presentation, Evonik announced that it will establish a new organisational structure by the end of 2026. Under ‘Evonik Tailor Made’ it will eliminate administrative activities that do not directly support its businesses and bundle key tasks in the new structure.

Three in green energy deals

Three speciality chemicals companies signed agreements to source more renewable electricity for key sites in February. In Europe, Evonik concluded separate long-term power purchase agreements (PPAs) for solar and wind power, while Arkema signed multiple agreements covering four main sites in the US and Sasol and Air Liquide have concluded a third PPA in South Africa.

Rhamnolipid milestone reached

Evonik has manufactured the first product from its industrial-scale biosurfactants facility at Slovenská Lupca in Slovakia. This has thereby become the first plant anywhere in the world to produce sustainable rhamnolipid biosurfactants.

Slovenská Lupca produces rhamnolipids via a proprietary fermentation process that uses European corn sugar as the main raw material. They are fully biodegradable, with a low toxicological and ecotoxicological profile, as well as being entirely biobased.

Evonik plans ultra-pure colloidal silica plant

Evonik has revealed that it is building a $7.9 million plant to produce ultra-high purity colloidal silica at its site in Weston, Michigan. Due onstream in 2024, this will be the first of its kind in North America. The investment was supported by a $900,000 performance-based grant under the Michigan Business Development Programme.

Evonik targets €1 billion+ in circular economy sales

Evonik has revealed that it aims to generate at least €1 billion/year in additional sales a year from circular products and technologies, both in its own processes and support its customers in the transition to circular applications. The company’s strategy in this arena is based on multiple initiatives in which it claims that it is already contributing to the circular economy, notably:

* Further strengthening its activities in additives and specialities for the circular economy

* Making greater use of raw materials based on recycled materials, biomass and CO2

Evonik completes catalyst powder expansion

Evonik has completed the relocation and expansion of its precious metal powder catalyst plant in Shanghai Chemical Industrial Park. Production is scheduled to commence in Q4. No financial details were disclosed.

This completes the upgrade of the company’s global network of five precious metal catalyst plants. Evonik sells the catalysts under the Noblyst P brand name mainly for applications in APIs and agrochemical AIs. China is one of the fastest-growing markets for them.

SBTi validates Evonik climate targets

The independent Science-Based Targets Initiative (SBTi) has confirmed that Evonik’s greenhouse gas emission reduction targets are in line with the Paris Agreement on Climate Change. This seeks to limit global warming to well below 2°C.

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