Evonik Degussa Company Profile
Degussa AG was founded in 1873 as a precious metal refining company from Frankfurt, Germany. It quickly developed into a large multinational group and after years of development, its business focus shifted from metallurgy to chemical engineering.
In September 2007, Degussa officially changed its name to Evonik Industries AG, becoming a leading global specialty chemical enterprise. The company also chose "Evonik Deep Purple" as the base color for its new logo. Today, Evonik's business has spread to over 100 countries worldwide.
Evonik Degussa, a wholly-owned subsidiary of Evonik Industries Group, is a multinational enterprise with a focus on high-performance specialty chemical products. Its business activities mainly consist of 12 business departments.
In the fiscal year 2006, the company's 36000 employees generated sales of 10.9 billion euros, and the company has approximately 36000 employees in over 300 bases in more than 50 countries around the world.
Evonik's long history in China can be traced back to 1933
Evonik established its first office in Shanghai as early as 1933. At present, Winco has 11 production bases and approximately 2700 employees in China.
Evonik regards China as one of the driving forces behind global economic development and is constantly striving to achieve sustained business growth. Evonik has launched cross business department projects targeting multiple major markets, such as automotive, construction, electronics, and lighting. To ensure the sustained and steady growth of the company in the local area, we are also carrying out multiple strategic investment projects. In addition to investing in production facilities, Winco enhances its research and development capabilities in China by strengthening local innovation activities.
Talent is the most important asset for us to achieve sustainable growth strategy. We continuously cultivate high-quality local managers to hold important positions in the company and provide them with career development opportunities within the group. Since 2007, Evonik has been awarded the "China Outstanding Employer" honor multiple times by the Top Employers Institute, an international research institution.
History of Evonik Degussa Group
1873 German Institute for Gold and Silver Decomposition established
In 1933, the first office of Degussa Company was established in Shanghai
1958 Hess Far East Limited, the first overseas distribution company of Hess Chemical Co., Ltd. in Hong Kong
1974 Degussa China Co., Ltd. (now renamed Degussa Hong Kong Co., Ltd.), Hong Kong Degussa Co., Ltd., a wholly-owned trading branch in Hong Kong, Macao and Chinese Mainland
1984 Degussa Pacific Limited, jointly established by Degussa China Limited in Hong Kong, Degussa AG in Frankfurt, and Degussa Japan in Tokyo
1986 Master Builders Technologies (Hong Kong) Ltd. - a wholly-owned subsidiary of Japan's NMB Co., Ltd., a wholly-owned subsidiary of Degussa
1988 Shanghai Masters Building Materials Co., Ltd
1993 Goldschmidt Pacific Limited, a wholly-owned subsidiary of Goldschmidt Corporation, a subsidiary of Degussa in Hong Kong
1994 Qingdao Degusa Chemical Co., Ltd
In 1995, Beijing Angel Special Chemical Technology Co., Ltd. was established as a wholly-owned subsidiary of Degussa Construction Chemicals (Europe) AG, a wholly-owned subsidiary of Degussa Construction Chemicals (China) Co., Ltd
In 1999, Hes and Degusa merged to form Degusa Hes Co., Ltd. Shanghai Mester Construction High tech Building Chemical Co., Ltd. was established
2000 Degusa (Shanghai) Co., Ltd
2001 merger of two joint-stock companies, Degussa Hess and Skawi: establishment of the new Degussa, and establishment of Nanning Anlitai Meishi Pharmaceutical Co., Ltd
2002 Degusa (China) Investment Co., Ltd. - Degusa Group's highest institution for conducting business activities in China - Aijian Degusa (Shanghai) Initiator Co., Ltd. was established
In 2003, Degussa Shanghai R&D Center was established and Degussa International Trade (Shanghai) Co., Ltd. was founded
2004 Degusa Specialty Chemicals (Shanghai) Co., Ltd
2004 Shanghai Multi User Base Groundbreaking
2005 Shandong Degusa Kaisai Biotechnology Co., Ltd
2005 Degusa Sanzheng (Yingkou) Fine Chemical Co., Ltd
2005 Degusa Tianda (Liaoyang) Chemical Additive Co., Ltd
2005 Degusa Lanxing (Rizhao) Chemical Industry Co., Ltd
2005 Jida Degusa High Performance Polymer (Changchun) Co., Ltd
2005 Degussa Ines (Anqiu) Puliang Technology Co., Ltd
2006 Degu Sai Jia Lian White Carbon Black (Nanping) Co., Ltd
On February 17, 2020, Evonik Degusa (China) Investment Co., Ltd. was renamed as Evonik (China) Investment Co., Ltd
