Evonik invests €52 million to expand silicone production in Germany

Evonik has invested €52 million to expand its silicone platform at the Essen Goldschmidtstrasse site in Germany. The investment includes the construction of a new production plant and a large tank farm designed to increase the production capacity for organomodified silicones.

These silicone additives are utilized in various sectors, including automotive seating, polyurethane foams for insulation, mattresses, adhesives, coatings, and personal care products. The expansion aims to strengthen the company’s global production network, improve supply chain resilience, and reduce the need to transport intermediates and finished products between international sites.

In its Q3 2026 earnings call, the company introduced its new executive board setup. Interim CEO Claus Rettig, who previously led the Asia region, addressed investors from the company’s new head office in Essen.