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Press release
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March 1, 2013

Evonik concentrates cyanuric chloride business in Germany

  • Servicing of global cyanuric chloride markets from the Wesseling site in Germany
  • Strategic focus on plastics, paper, textile, and photovoltaics markets
  • Customers will continue to benefit from the best possible service and optimal product and transport standards
  • Cyanuric chloride joint venture with Chinese partner dissolved by mutual agreement

The strategic focus of Evonik’s cyanuric chloride activities will in the future lie on servicing the international plastics, paper, textile and photovoltaics markets. Customers in Europe and North America, the important South American market, and parts of Asia will then be serviced and supplied directly from Germany. The German site of Wesseling continues to offer customers the best possible service, optimal products and transport standards.

Evonik continues to be one off the largest global suppliers of this product.

Evonik Industries has by mutual agreement dissolved its joint venture with Chinese partner Sanzheng Fine Chemicals. This comprises the cyanuric chloride plants in Yingkou and Chongqing, which supplied the agrochemicals markets in the region. The decommissioned Chongqing site remains with Evonik.

In 2005 the former Degussa decided to expand its global cyanuric chloride business and established with its Chinese business partner the joint venture Evonik Sanzheng Fine Chemicals Company Ltd. Evonik held a 65 percent stake in the joint venture.


Information on the business
The history of cyanuric chloride at Evonik goes back to the 1950s, when the first commercial plant was constructed in Wesseling.

Cyanuric chloride is an intermediate for applications in the textile, paper, plastics and agriculture industries. Cyanuric chloride is also an important synthetic building block in the plastics, paints, and agrochemicals industries. Evonik's Agrochemicals & Polymer Additives Business Line is responsible for the cyanuric chloride business and polymer additives, and is active in high-growth niche areas with its portfolio of sophisticated chemical process solutions. Examples are light stabilizers that protect plastics against degradation by light, oxygen, and heat. Other products include crosslinkers, optical brighteners, and reactive substances, most often tailored to the requirements of individual customers, such as those in the plastics industry.

About Evonik

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.

Evonik is active in over 100 countries around the world. In fiscal 2011 more than 33,000 employees generated sales of around €14.5 billion and an operating profit (adjusted EBITDA) of about €2.8 billion.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.