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Evonik Reorganizes Resource Efficiency Segment

Thursday, July 6, 2017

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Global specialty chemicals manufacturer Evonik Industries AG (Essen, Germany) recently made a change to utilize its expertise in crosslinker technology, the company says.

The company combined its isophorone chemistry and epoxy curing agents business into its Crosslinkers Business Line, a move that took effect July 1. The new business line falls into the company’s Resource Efficiency Segment and covers the chain of isophorone chemistry, including: isophorone, diamine, di-isocyanate and polyisocyanate.

The move, the company says, was made to make things a little easier for customers.

Evonik

Evonik has combined its isophorone chemistry and epoxy curing agents business into its Crosslinkers Business Line, a move that took effect July 1.

“Combining both businesses to one new unit gives Evonik the chance to offer a variety of products for epoxy and polyurethane applications under one roof now—be it basic amines, isocyanate monomers, polyisocyanates or formulated epoxy hardeners,” said Claus Rettig, Chairman of the Board of Management, Evonik Resource Efficiency GmbH.

The line offers a broad range of products for use in coatings and adhesives, high-performance elastomers and composites and civil engineering, and the company adds that the portfolio also contains amine curing agents for ambient and heat cure applications.

“Apart from the organizational change, safety and meeting the needs of our customers continues to remain our first priority,” said Min Chong, head of the new Business Line Crosslinkers. “We see ourselves as a partner; interested in developing next-generation product solutions together with our customers. A broad technology platform serves as the basis for further growth and successful collaboration.”

Business Matters

The company says that the combination of businesses was spurred by its acquisition of Air Products specialty additives business in January.

Evonik most recently gained the European Commission’s approval to acquire Huber Silica with the conditional divestments of Evonik’s precipitated silica dental business in Europe, the Middle East and Africa; and Huber Silica’s precipitated silica defoamer business and hydrophobic precipitated silica business in the European Economic Area.

   

Tagged categories: Business matters; Business operations; Epoxy; Evonik; Specialty Coatings

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