Enabling industry transformation: Evonik's commitment to a circular economy
Evonik's Circular Economy Program is a strategic initiative that aims to revolutionize the entire industry towards circularity, leveraging the company's expertise in specialty chemicals. The program focuses on transforming customer manufacturing processes to be more efficient and enhancing quality through "Design for Circularity" principles. Collaboration is emphasized as a key element, highlighting the importance of building ecosystems with partners to develop sustainable value chains.
Pioneering circular economy expertise
Evonik's path to sustainable growth
Evonik is deeply committed to advancing the circular economy, setting ambitious goals to drive sustainable growth. By 2030, Evonik aims to generate an additional 1 billion euros in annual revenue through circular products and technologies, highlighting the sector as a powerful growth driver for the company. The company's strategy includes increasing activities with additives and specialties for the circular economy while enhancing the use of defossilized raw materials derived from recycled content, biomass, and CO₂.
Evonik is not only focused on improving production efficiency and the quality of customer manufacturing processes through its Circular Economy Program, but it is also fostering strong partnerships to build functioning loops along value chains. Collaboration is central to Evonik's approach to promote circular solutions and innovations across sectors.
Collaboration for a transformative circular economy
Collaboration is essential for achieving circularity across industries, with the chemical industry leading this transformation. At Evonik, we passionately believe that meaningful change is only possible by working closely with customers, suppliers, and other stakeholders.
Embracing circular business models requires a fundamental shift in the way we think about resources, products, and processes. It demands a holistic approach that encompasses the entire product lifecycle, from sourcing raw materials to end-of-life management. If you are ready to actively shape circular business models, get in touch with us. Together, we can lead the transition to a circular economy and build a sustainable future.
ARCUS: Transforming plastic waste into valuable pyrolysis oil
Plastic recycling holds significant potential but can present challenges. While mechanical recycling is a cost- and energy-efficient option, it is not suitable for all materials. For complex or contaminated plastic waste, that are today incinerated, chemical recycling serves as a complementary technology, enabling the return of valuable materials to the production cycle.
This is precisely where our partner, ARCUS Greencycling Technologies, excels. Discover how our experts collaborate to convert mixed plastic waste, which is currently incinerated, into valuable pyrolysis oil to provide recycled feedstock for new plastics.
Evonik is actively committed to a circular economy through our partnership with Circular Valley. This innovative network brings together companies, start-ups, and research institutions to collaboratively develop solutions for a circular economy. By sharing knowledge and technologies, we promote the development of sustainable materials and processes that conserve resources and reduce waste. Together with Circular Valley, we strive to advance the principles of the circular economy in the chemical industry, making a positive contribution to the environment.
A successful circular economy requires, above all, strong collaboration and great teamwork. Through building ecosystems with our partners, we will develop cycles along the different value chains that work.
Evonik's transformative solutions for a circular economy
Discover how Evonik is supporting the circular economy movement, providing cutting-edge solutions and applications that promote resource efficiency and sustainability. Engage with Evonik to be part of a transformative journey towards sustainable growth and industrial excellence.
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