Evonik Industries AG (OTCPK:EVKIF)
$ 17.9 0 (0%) Market Cap: 8.55 Bil Enterprise Value: 11.94 Bil PE Ratio: 36.18 PB Ratio: 0.89 GF Score: 81/100

Evonik Industries AG Division Spotlight Series Smart Materials Call Transcript

Jun 24, 2021 / 01:00PM GMT
Release Date Price: $34.25
Tim Lange
Evonik Industries AG - Head of IR

Yes please stay connected. This is the right event. It's not the Paris Fashion Show. It's the second division spotlight series event. Welcome to Evonik, welcome to Essen to all of you out at the screens. These fancy shoes that you've just seen are only the one-off many examples of smart solutions products that you will get to know today, and my colleagues will give you all the details in a second on the shoes and the other highlights of today.

It's about 2 months that we have hosted first part of our division spotlight on Nutrition & Care. And since then, the division has executed on their strategy as promised. They have ramped up the lipid nano particular production in Hanau in Germany in record time and started delivering to BioNTech. And they have signed an agreement with Stanford University on polymer-based messenger RNA delivery technology. And recently, they have acquired Infinitech, a company for novel active ingredients for cosmetic applications. So these are the next steps for the division in executing their strategy. And with that, we

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