Korea

It ranks among the technology leaders in many markets segments, including flat screen  TVs, mobile phones and computer chips. Shipbuilding, the chemical and automotive industries and mechanical and plant engineering are also important. South Korea focuses on top performance in the technologies of the future and ranks among the international leaders in education and research.

Evonik Industries, respectively its predecessor companies have been active in the South Korean market since 1985, when a local sales office was opened. 

There are currently two legal entities of Evonik in South Korea: Evonik Korea Ltd. as the sales platform and SKC Evonik Peroxide Korea Ltd (SEPK), a Joint Venture of Evonik (55% shareholder) with SKC for the production of Hydrogen Peroxide.

Total number of Evonik employees in South Korea is 90 and consolidated sales in 2011 were 172 Million Euro. The sales company Evonik Korea Ltd. and the administration of SEPK moved in April 2012 to Seoul's Yeouido financial district.

Evonik Degussa Korea's biggest sales area in 2011 was Advanced Intermediates, which accounted for ca. 25% of Evonik Korea Ltd. total sales. Biggest product of Advanced Intermediates in Korea is Isononanol Alcohol, which is used to manufacture plasticizers for the PVC industry. Promising developments are sales of Alkoxides for Bio Diesel and TAICROS for EVA films for Photovoltaic applications.