Press release
PU Additives
June 13, 2013

Comfort & Insulation opens Technical Service Center in Singapore

Evonik’s Comfort & Insulation Business Line inaugurated a new Technical Service Center in Singapore, the business line’s fifth operating laboratory to date and the second in Asia. Catering for the region, the new facility will also host a Know-How and Training Center.

"Opening this Technical Service Center represents a milestone in our regional strategy of becoming preferred cooperation partner by ensuring a greater coverage of our trustworthy partnership and technical expertise on the Asian market", explained Dr. Tammo Boinowitz, Senior Vice President & General Manager of Comfort & Insulation.

"With the official opening of the Technical Service Center, Comfort & Insulation opens a new chapter of our polyurethane business in this region. This center enables us to expand our competitive edge as well as acquire a more sustainable market share and profitable business via our value selling approach," said Kim Leng Goh, regional business manager of Comfort & Insulation, completing the explanation of the investment.

The new lab will strengthen the Comfort & Insulation business in this growth region by offering consultative support and reinforcing close customer relations. To increase the response time, understanding of regional needs, and local trouble-shooting of technical problems, Singapore has been chosen as the regional hub. In addition, Singapore offers access to a highly educated work force in the region and is in ideal proximity to customers’ facilities.

Beside the new Technical Service Center in Singapore, which supports application development, Comfort & Insulation has been successfully producing polyurethane additives (PU) for over 10 years at the Shanghai-Xinzhuang Site in China. This underlines the philosophy of continued innovation and improvement that the business line espouses for its future global polyurethane additive business.

Evonik’s Business Line Comfort & Insulation, as part of the Business Unit Consumer Specialties, has been a leading supplier in the polyurethane flexible and rigid foam industry for more than 50 years.

Please find further information on our Comfort & Insulation website: http://www.evonik.com/polyurethane-additives

Company information

Evonik, the creative industrial group from Germany, is one of the world leaders
in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.

Evonik is active in over 100 countries around the world. In fiscal 2012 more than 33,000 employees generated sales of around €13.6 billion and an operating profit (adjusted EBITDA) of about €2.6 billion.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.