Evonik Expands R&D Capabilities

Environmentally friendly and sustainable solutions are key to Evonik's product development strategy. Evonik says it has begun construction of two innovation centers at its Essen, Germany headquarters focused on the paints and coatings and cosmetics industries. The company expects to invest  €31 million ($17.5 million). The paints and coatings center is set to be completed in late 2012 and will focus on developing environmentally additives and special binders. The cosmetics center is expected to be opened in late 2013, and will be dedicated to finding...

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