26 March 2015
DETAILS
Klaus Engel,
the Chairman of the Executive Board,
" Innovations are a key element of our growth strategy,"
" Innovations open up new business areas and
strengthen our leading market and technology positions."
In fiscal year 2014, Evonik's R&D spending
amounted to €413 million, an increase of 5 percent
over the previous year (€394 million).
The R&D investment ratio was 3.2 percent (2013: 3.1 percent).
Evonik plans to invest over €4 billion in R&D over the next decade.
Ulrich Küsthardt,
Chief Innovation Officer at Evonik
presented a three-point plan for this purpose.
"We must become more focused in
our projects, more international in our research, and
more open in our exchange of knowledge,"
The goal is to bring innovations to consumers
with even greater speed and efficiency.
Greater focus of R&D project portfolio
The Evonik R&D pipeline is well-filled with some 500 projects,
with even greater focus to come from
strategic innovation management.
Promising innovation areas for Evonik include
* ingredients for the cosmetics industry,
* membranes,
* specialty materials for medical technology,
* food supplements and
* animal feed additives as well as
* composite materials.
Sustainability as a key driver of innovation
Evonik's innovation strategy is guided by
* the needs of a growing population—nutrition, health,
* access to new technologies, and
* conservative use of existing resources.
Resource efficiency and climate protection
are the basis for numerous energy-efficient and
environmentally sound products made by Evonik.
The specialty chemicals company has multiple solutions on hand
for environmentally friendly and resource-efficient mobility.
The silica/silane system for "green tires"
helps to reduce fuel consumption by up to 8 percent
compared to conventional products while
innovative additives for high-performance lubricants
help to lower it by up to 4 percent.
Furthermore, Evonik products for lightweight design
such as composite materials hold the promise of further fuel savings.
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