Press release
Corporate Press
October 6, 2016

Evonik is the first chemical company to join the Industrial Internet Consortium® (IIC)

Evonik Industries has joined the Industrial Internet Consortium® (IIC), the very first chemical company to do so. The Industrial Internet Consortium is the global, public-private organization formed to accelerate adoption and enablement of the Industrial Internet of Things (IIoT). As a member, Evonik receives access to a partner network within which completely new technologies for the Industrial Internet are developed. Henrik Hahn, responsible for digitalization strategy at Evonik, explains: "We want to exploit digitalization to develop new, innovative solutions for our customers. Our membership of the IIC will provide valuable stimuli in this direction."

"With Evonik we have one of the world leaders in specialty chemicals among our members. Evonik has extensive knowledge and networks in different customer industries, and also in the scientific world. This makes it very attractive for our members and the IIC," said Dr. Richard Soley, executive director of the IIC.

At Evonik a digital unit headed by Henrik Hahn is analyzing the future potential of the theme for the chemical company. The physical and virtual worlds are becoming ever more closely interlinked. Digital technologies are altering value creation and innovation processes. The aim of the unit is to develop new products with digital service components all the way to new business models.

 

Company information

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.

Evonik is active in over 100 countries around the world. In fiscal 2015 more than 33,500 employees generated sales of around €13.5 billion and an operating profit (adjusted EBITDA) of about €2.47 billion.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.