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Evonik Increases Value of Innovation Pipeline

Growth fields should generate more than €1 billion in additional sales by 2025.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

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.   “Our innovation campaign is bearing fruit,” said Klaus Engel, chairman of the Executive Board of Evonik Industries. “The constant flow of new products, applications...

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