24.12.2012 Views

Download - Evonik Industries

Download - Evonik Industries

Download - Evonik Industries

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Evonik</strong>-Group is focused on systematically building on the position of the business areas at the forefront of<br />

their markets and seeks to gain a foothold in future markets by providing key answers to economic megatrends:<br />

energy efficiency, health & wellness and globalisation & demographic change. <strong>Evonik</strong>-Group is<br />

managed in accordance with the clear principles of value management, focusing on profitable growth and<br />

value creation.<br />

The following chart depicts the structure of <strong>Evonik</strong>-Group:<br />

<strong>Evonik</strong>-Group's operations are grouped in the three business areas Chemicals, Energy and Real Estate. The<br />

eight business units Industrial Chemicals, Inorganic Materials, Consumer Specialties, Health & Nutrition,<br />

Coatings & Additives, Performance Polymers, Energy and Real Estate act as entrepreneurs within the<br />

enterprise. The Corporate Center supports the Executive Board in the strategic management of the group,<br />

while a Shared Service Center efficiently bundles internal services worldwide.<br />

<strong>Evonik</strong>-Group is managed on the basis of a consistent system of value-oriented indicators. These are used to<br />

assess the business performance of the operational units and <strong>Evonik</strong>-Group. Through systematic alignment to<br />

these indicators, <strong>Evonik</strong>-Group endeavors to generate cash flows to create value and ensure profitable<br />

growth. As well as achieving a good financial performance, <strong>Evonik</strong>-Group aims to demonstrate its ecological<br />

and social responsibility and therefore reports extensively on these aspects as well.<br />

B. PRINCIPAL MARKETS<br />

<strong>Evonik</strong>-Group has a leading market position by sales in the worldwide market for specialty chemicals, has<br />

long-standing experience in power generation from hard coal and renewable energies in Germany, Colombia,<br />

Turkey and the Philippines, and is by number of units one of the largest private residential real estate<br />

companies in Germany with its portfolio concentrated in the federal state of North Rhine-Westphalia.<br />

C. THE BUSINESS AREAS AND BUSINESS UNITS OF THE COMPANY<br />

Chemicals Business Area<br />

The Chemicals Business Area bundles <strong>Evonik</strong>-Group's global specialty chemicals activities, which are<br />

divided into the six business units Industrial Chemicals, Inorganic Materials, Consumer Specialties, Health &<br />

Nutrition, Coatings & Additives and Performance Polymers. With over 100 production facilities worldwide,<br />

<strong>Evonik</strong>-Group is one of the largest companies in this sector. In the first half of 2009, the Chemicals Business<br />

Area generated sales of EUR 4,560 million (first half 2008: EUR 5,873 million) and earnings before interest,<br />

taxes, depreciation, amortisation, impairment losses, reversals of impairment losses and other non-operating<br />

result ("EBITDA") of EUR 628 million (first half 2008: EUR 932 million). In 2008, the Chemicals Business<br />

Area generated sales of EUR 11,512 million (2007: EUR 10,571 million) and an EBITDA of EUR 1,600<br />

million (2007: EUR 1,610 million).<br />

- 34 -

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!