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Evonik has raised its outlook for 2021 after posting strong earnings in the first half. Demand for Evonik products increased significantly worldwide with sales prices also rising.

Sales rise 29 percent in second quarter, adjusted EBITDA gains 42 percent
All three growth divisions deliver results above pre-crisis levels of 2019
Outlook 2021: Adjusted EBITDA now expected to be €2.3 billion to €2.4 billion

Evonik is extending its corporate venture capital activities in China with investments into GRC SinoGreen Fund V and Richland VC Fund III.

The investment underlines the importance of China as rapidly growing venture capital region
The two leading funds will strengthen Evonik’s access to China’s fast-growing innovation ecosystem

Evonik and the Chinese company UnionTech has agreed to set up a joint R&D laboratory for 3D printing technology in Shanghai, China.

To develop industrial-scale 3D printing solutions based on high-performance photopolymer resins
Close collaboration between material and machine manufacturers is essential to open up new 3D printing applications

Evonik has developed a new 3D printable filament based on PEEK (polyether ether ketone). The high-temperature and chemical-resistant ready-to-use material is particularly suitable for the additive manufacturing of demanding industrial plastic parts. The high-performance polymer can be processed in common extrusion-based 3D printing technologies such as fused filament fabrication (FFF) or fused deposition modeling (FDM).

Latest product solutions critical to sustaining North American spray foam market’s double-digit growth

Better emission management benefits the environment, applicators, contractors and building occupants
Evonik offers the largest portfolio of specialty additives for sustainable polyurethane insulation foams

Conversion of entire silicone surfactants range to sustainable low VOC formulations strengthens Evonik’s leadership position

Latest cutting-edge solutions that improve performance and production of polyurethane foams for everyday applications make China debut
As the region’s leading polyurethanes exhibition, PU China takes place from July 28-30 in Shanghai. Evonik stand: #10

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