Evonik among the top automotive supplier 2018
Evonik was nominated for the AutomotiveINNOVATION Award from the Center of Automotive Management (CAM) and PricewaterhouseCoopers (PwC). The specialty chemicals company was the only material manufacturer to finish third behind Continental and Toyoda Gosei, as the most innovative supplier in the fields of chassis, body and exterior.
The innovative strength of Evonik was assessed by Stephan Bratzel, director of the CAM Institute, with the development of PulPress™, a process for the cost-effective production of continuous fiber-reinforced profiles. By using ROHACELL® as the structural foam, the geometry of the profiles were verified in thickness and global or local radii. Applications for such profiles are bumpers, crash bars or chassis components.
“We are extremely pleased with this nomination,” said Oliver Eyrisch, head of the Evonik Automotive Team. “For us as mostly tier 3, it’s the very first time we are in the company of such well-respected automotive suppliers in a challenge like this. We are optimistic we’ll be here again and with new developments, soon.”
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees. In fiscal 2017, the enterprise generated sales of €14.4 billion and an operating profit (adjusted EBITDA) of €2.36 billion.
About Resource Efficiency
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and produces high performance materials and specialty additives for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 10,000 employees, and generated sales of around €5.4 billion in 2017.
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.