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Evonik is one of the world's leading specialty chemicals companies.
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Progressive globalization offers market opportunities for this segment, driven by the mobility and urbanization megatrends, which are raising global demand for efficient transportation systems and sustainable construction methods. This is reinforced by the rise of an affluent middle class, especially in the emerging markets in Asia. Performance Materials has a stronger product focus than the other two specialty chemicals segments, and its processes are more raw material and energy-intensive. To strengthen this segment we want to increase its efficiency and effectiveness still further. The Performance Materials segment focuses principally on integrated technology platforms for C4 and methacrylate chemistry. Investments will concentrate on securing and extending our good market positions. The Performance Intermediates Business Line has a strong market and technology position in C4 products, oxo-alcohols and high molecular weight plasticizers in Europe. C4 crack is a by-product of crude oil refining. It is produced when naphtha is split into ethylene and propylene in a steam cracker. The C4 hydrocarbons contained in this mixture are isolated, processed and marketed by this business line, for example, as butadiene for the tire industry, and butene-1 for the plastics industry, where they are used, for instance, to produce packaging films with high tear resistance. Diisononylphthalate (DINP), which is used as a high molecular weight plasticizer, and the precursor isononanol (INA) open up a wide range of high-quality applications for standard PVC in the automotive, home and leisure sectors. This business line also markets methyl tertiary butylether (MTBE) to the fuel industry as an anti-knock agent. The Performance Intermediates Business Line's integrated C4 technology platform is characterized by optimal product yields. All hydrocarbons contained in C4 crack are utilized, thereby making efficient use of resources and maximizing cost-effectiveness. This business line recently extended its product portfolio by adding a MBTBE biovariant and phthalate-free plasticizers. There are also plans to market bio-based plasticizers. The polymer additives and European cyanuric chloride business activities grouped in the Agrochemicals & Polymer Additives Business Line are positioned in high-growth niches. These include light stabilizers, which prevent the decomposition of plastics when they are exposed to bright light, oxygen and heat. In addition, the business line's technological and chemical expertise opens up new production options for its customers, especially in the agrochemicals industry. For example, it optimizes new active ingredients to improve seed and soil treatment. Alcoholates are essential aids for chemical synthesis and initiate and speed up many reactions. The Functional Solutions Business Line has enormous expertise in the production of specialty catalysts, which are used to produce biodiesel from rapeseed oil. The production facilities are located in Germany, the United States and, since fall 2013, in Argentina. South America is an attractive growth market for biodiesel. The Acrylic Monomers Business Line produces MMA as a starting material for processing within the Evonik Group and for sale on the open market. Methacrylate monomers have a broad spectrum of applications: They are used in the production of acrylic glass (polymethlymethacrylate, PMMA), specialty adhesives and colorants. They give paints gloss and make them scratch- and weather-resistant. Soft contact lenses are produced from hydroxy methacrylates. Acrylic Monomers has a world-scale production facility in Shanghai (China) to serve the Asian market. The Acrylic Polymers Business Line, which considers itself to be a leading producer of PMMA specialties, operates at the next highest manufacturing level. Its high-quality products are marketed as ACRYLITE® in North and South America and as PLEXIGLAS® elsewhere in the world. The most important markets are automotive and aviation engineering, architecture, lighting, design, electronics and communications technology. In the automotive industry PLEXIGLAS® has been used for many years in rear lights and is currently being used in new applications as a lightweight construction material, for example, for automotive glazing and bodywork. As a replacement for traditional materials, PLEXIGLAS® helps reduce the weight of vehicles, leading to significantly lower fuel consumption and CO2 emissions. Thanks to its unique optical characteristics, it has also become established in modern LED technology, thereby gaining access to a new market. The CyPlus Technologies Business Line is a leading supplier of products, technologies and services for chemical and pharmaceutical intermediates, the extraction of precious metals, and surface treatment of metals.
Detailed description of the specialty chemicals segmentsmore