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Evonik Industries AG

10/14/2021 | Press release | Distributed by Public on 10/14/2021 08:54

New fumed silica plant by Evonik and Wynca goes on stream in Zhenjiang, China

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €12.2 billion and an operating profit (adjusted EBITDA) of €1.91 billion in 2020. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. More than 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

Asia Pacific is a strong driving force of the global economy and an important source of innovation. Consequently Evonik endeavours to further grow its business in the region. Sales reached €2.84 billion in 2020 and the company employs over 5,000 people at more than 50 production sites in Asia Pacific.

ABOUT SMART MATERIALS

The Smart Materials division includes businesses with innovative materials that enable resource-saving solutions and replace conventional materials. They are the smart answer to the major challenges of our time: environment, energy efficiency, urbanization, mobility and health. The Smart Materials division generated sales of €3.24 billion in 2020 with about 7,900 employees.

About Wynca

Located in Hangzhou, China, the Wynca group was founded in 1965 and listed in the Shanghai Stock Exchange in Sep. 2001. As one of the top 500 Chinese chemicals company and one of the top 20 global enterprises in agricultural chemistry, Wynca's main businesses are crop protection products and silicone materials. Wynca is selected as the Most Valuable Listed Companies in China for many years continuously.

With the advanced recycling technology for chlorine, phosphorus and silicon, Wynca is a pioneer of circular economy in the industry. The company covers the whole value chain in the silicone industry and focuses on developing downstream segments. The products of Wynca are widely applied in agriculture, biotechnology, aeronautics & astronautics, health care, building materials, electronic & electric industry, as well as new energy industry. Wynca has subsidiaries in North America, South America and Africa and markets its products in many countries in the world.