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April 10, 2017
By: Catherine Diamon
Evonik is unveiling its new portfolio for the coatings and adhesives industry at the European Coatings Show (ECS). With approximately 2,000 products, the Essen-based specialty chemicals producer offers a large number of creative solutions for the coatings industry. The acquisition of the Specialty Additives business of Air Products underscores the Group’s leading position in the coatings market and greatly expands its product range. At the ECS, Evonik will be presenting itself under the motto “One partner. Many experts. The leading specialty supplier for coatings and adhesives.” Visitors to the trade show in Nuremberg will be able to check out this claim for themselves at the Evonik booth (Stand 323) in Hall 7A, from April 4-6, 2017. “With the recently finalized acquisition of the Specialty Additives business of Air Products, we have further strengthened our performance capability for our customers. The acquisition perfectly supplements our portfolio, both regionally—particularly in the US and Asia—and technologically,” says Dr. Claus Rettig, chairman of the Board of Management of Evonik Resource Efficiency GmbH. Evonik has thereby increased its overall sales in the coatings and additives markets to about €2.4 billion, of which,€2 billion is in the coatings area alone. The US-based epoxy curing agents business is appearing for the first time under the Evonik logo. This makes Evonik the global leader in the epoxy curing agent industry, focusing on the key markets of coatings, floor coverings, adhesives, and composite materials. Evonik’s former coating additives business has been merged with the coatings unit of the Silica Business Line and the coatings Specialty Additives unit of Air Products to form the new Coating Additives Business Line. Rettig says: “We have here a unit with a technology platform that is unique worldwide, offering solutions for almost any challenge in the formulation of paints and coatings.” Looking to the future, he says: “We’ll continue to work on supplementing new technologies, not only by acquisitions but also through strategic innovations and our corporate venturing activities.” Evonik is also building new plants and expanding existing ones, including:
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