Evonik Degussa GmbH · Essen Germany
Company Description
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This link will open in a new window Evonik Degussa's interests are many and varied. The German giant operates as the chemical unit of Evonik Industries and groups those operations in a half dozen units. The largest division makes Industrial Chemicals like chlorides, peroxides, and propylene derivatives. Evonik Degussa's Inorganic Materials segment makes silicon products for use in solar energy applications and carbon black. Evonik Degussa is the world's largest maker of specialty chemicals, and the company serves the automotive, pharmaceutical, and coatings industries. German coal firm RAG had owned what was then just plain Degussa until the 2007 spin-off of most of its businesses into new entity Evonik Industries. To read the full description, subscribe now.
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Key Evonik Degussa GmbH Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $10,931.0 |
| Employees | 32,800 |
Evonik Degussa GmbH Executives
12 executives listed for Evonik Degussa GmbH's Essen, location.
| Title | Name & Bio | Contact |
| Deputy Chairman, Management Board | Alfred Oberholz | Network |
| Chairman, Management Board | Klaus Engel | Network |
| CFO | Heinz-Joachim Wagner | Network |
Competition
Competitive Landscape for Evonik Degussa GmbH
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top Evonik Degussa GmbH Competitors
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