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Diamond: Evonik Degussa
Evonik Industries has been producing specialty chemical products in China since the early nineties, with wide-ranging trading relations already in place prior to this. The Group now owns 18 companies in China , with production sites in more than ten cities.
Our broad product portfolio, which comprises precipitated silica, carbon black, rubber silanes, amino acids, polyurethane foam additives, coating polyesters, pigment pastes, color tinting systems, high-performance polymers, and initiators for polymer production, caters for customers in China and throughout the whole of Asia . In fiscal year 200 6, 4,000 employees generated sales of 460 million euros, which is an increase of 60 percent from 288 million euros in 2005. Evonik regards China as one of the driving forces of the global economy, and we consequently intend to increase our business in greater China to around 1 million euros in 2009.
At the end of 2002 we founded Degussa ( China ) Co., Ltd. (now has been renamed as Evonik Degussa ( China ) Co., Ltd.) in Beijing as a parent company of our Group. This parent company of Evonik Chemicals business sector provides an expert service platform to support our business units, with the emphasis on implementing new investment projects and stepping up customer relationships.
For a creative industry group such as Evonik, linking innovation and market proximity is a crucial factor behind our business success. Evonik therefore opened a research & development center in Shanghai in 2004, which has been expanded by mid-2007. The investment sum totals more than 20 million euros. The center provides the opportunity to develop specific products locally and to introduce them to potential customers. This approach enables our business units to cater much more effectively for the requirements of the Chinese market.
Our ambitious growth targets for China call for a broad range of qualified employees. With this objective in mind we are cooperating with the Shanghai Petrochemical Academy . To strengthen the development of young management talents, we are also supporting the China Europe International Business School .
Learn more at www.degussa.com |
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