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Evonik appoints Andrea Fischer as Chief Innovation Officer

June 29/2020

MOSCOW (MRC) -- Evonik appointed Andrea Fischer as its new chief innovation officer effective from 1 July, said the company.

Andreas Fischer has been named Evonik's new chief innovation officer, effective July 1st. He takes over from Ulrich Kusthardt, who has held this position since 2015 and is now taking early retirement. Fischer plans to further strengthen the link between innovative capability and customer focus, and make it an unmistakable hallmark of Evonik: We want to be leading in innovation. To achieve that, we are bundling our competencies, and bringing together our scientific expertise and our proximity to our markets and customers so we can come up with solutions and applications faster."

Fischer holds a degree in industrial engineering and began his career with a world-leading producer of industrial cleaning agents and hygiene products. From 1997 he held a number of positions at Evonik's predecessor companies, initially in sales and subsequently as head of various business entities. From 2012 he was head of the Silica business line. Since 2019 he has been a member of the board of management of Evonik Resource Efficiency GmbH.

Fischer wants to manage the innovation activities in a focused manner, without centralizing them. Innovation growth fields with focused leadership remain the core of this approach. Here, he is building on the successful strategy of his predecessor, Ulrich Kusthardt. As well as reinforcing Evonik's open innovation culture, Kusthardt concentrated in particular on six innovation growth fields. By 2025, Evonik plans to generate additional sales of over 1 billion with products and solutions in the fields of Sustainable Nutrition, Healthcare Solutions, Advanced Food Ingredients, Membranes, Cosmetic Solutions, and Additive Manufacturing.

Evonik hopes to reinforce its position as an innovator in the field, strengthening the relation between innovative capacity and customer focus.

This is part of the companys goal to generate additional sales of EUR1bn by 2025 through its operations in sustainable nutrition, healthcare solutions, advanced food ingredients, membranes, cosmetic solutions and additive manufacturing.

As MRC informed earlier, Russia's output of chemical products rose by 4.4% year on year in May 2020 . Thus, production of basic chemicals increased year on year by 5.4% in the first five months of 2020. According to the Federal State Statistics Service of the Russian Federation, polymers in primary form accounted for the greatest increase in the output in January-May. Production of benzene was 110,000 tonnes in May 2020, which equalled the figure a month earlier. Overall output of this product reached 615,000 tonnes over the stated period, up by 1.7% year on year.

Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-oriented innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evoniks corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees.
Author:Anna Larionova
Tags:petroleum products, petrochemistry, Evonik.
Category:General News
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