Economically, South Korea ranks among the ... - Evonik Industries

For Business Unit Performance Polymers the automotive and electronic
markets are strong outlets, too. Particularly Polyamide based high
performance polymers are in high and constant increasing demand, as well
as PEEK polymers. The latter is used for instance in electronic applications as
retainer ring for chemical mechanical polishing or in the medical sector as
implants.
Evonik has got a strong market position in DL-Methionine in Korea, serving
its customers from local stock points.
Evonik Comfort & Insulation is a leading supplier of specialty additives for
polyurethane foam manufacturing for more than 50 years. Polyurethane
foams are used in upholstered furniture and mattresses, car seats as well as
for insulation both of refrigerators and in the construction industry. Our
polyurethane additive business was launched in Korea in early 1980's and
Evonik is now the market leader of Silicone Surfactant business, particularly
in the rigid insulation application.
Due to many years of experience of its interdisciplinary team and a highly
sophisticated product portfolio Evonik’s Personal Care business line has
become one of the leading suppliers to the South Korean cosmetic industry,
which is a trend setter and famous all over Asia. One of such trends was the
launch of the meanwhile famous BB creams, which were introduced 2007 by
several South Korean cosmetic producers. BB Cream, or "Blemish Balm
Cream" has multiple functions because it combines Essence, Emulsion, Sun
block, Makeup base and Foundation all in a single product. Evonik supported
its Korean customers in the development of such creams, among others by
introducing the products ABIL® EM90 and ABIL® WE90, which play a key role
as a emulsifiers.
BB Cream has widely influenced other Asian countries, such as Japan, Taiwan,
China, Hong Kong, Singapore, etc. However, not only South Korean brands,
also famous multinational cosmetic brands are launching BB creams in the
global market: Lancome used brand name "B B", and Maybelline also has their
own "B B Base" brand.
The Crosslinkers Business Line occupies a leading position in Isophorone
Chemistry used as raw materials of coating technology and also an important
supplier of high-performance specialty polymers. Since 1980's Crosslinkers
has been serving an excellent position in Korea by introduction of