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Evonik increases the value of its innovation pipeline by half a billion euros

• Evonik innovation campaign bears fruit—innovative power considerably enhanced

• In the medium term, Evonik aims for products and applications developed in the past five years to account for over 16 percent of sales

• Growth fields should generate over €1 billion in additional sales by 2025

Evonik Industries is strengthening its innovative power. Last year, the specialty chemicals company increased the value of its innovation pipeline by half a billion euros. This now places the value of the pipeline in the lower single-digit billion euro range—a figure that is expected to continue growing over the next few years. Evonik has brought its innovation portfolio into focus, redefined its growth fields, and taken the development of its innovation culture still further.

corporate.evonik.com/en/media/press_releases/Pages/n...

Exhibitor: Evonik Degussa (China) Co., Ltd.

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