Evonik is a leading speciality chemical company based in Essen, Germany. It was founded as an independent firm in 2007 when the former RAG Group was restructured and went public. Evonik has been listed on the DAX index since March 2008.
Evonik is active in over 100 countries across the world and has a diverse range of global business partners. It currently employs more than 33,000 people and has a market cap of around €20 billion. The company is committed to ongoing innovation and sustainability initiatives with the goal of creating value for customers, shareholders and employees alike. It is a reliable and trusted provider of speciality chemicals and materials, offering customers quality products to enable their success. It is also committed to supporting its employees in achieving their highest potential whilst creating sustainable solutions for society.
In August 2015, it peaked at €37.22 per share, its highest point since the beginning of 2013. However, the company was affected by global events in 2021, such as the pandemic and Brexit uncertainty, resulting in a decline in its share price.
As events continue to unfold and influence the stock market, it will be important for traders to keep a close eye on Evonik's share price and any news related to the company. If traders manage to get in early, they could capitalize on movements in the share price as it reacts to news and events. The key is to stay informed and be ready to react quickly when opportunities arise. Ultimately, by understanding the company’s share price history and being aware of any events that may affect its share price, traders could have a better chance of profiting from Evonik.
Evonik is one of the leading players in the industrial chemical manufacturing industry, and they have a lot of major competitors. Companies such as BASF, Clariant, Covestro, and Huntsman are all vying to be at the top of the list. It’s a race between these companies to see who can create the best products, generate the most profits and have the highest stock price.
Many of these competitors are quite similar to Evonik in terms of their production capabilities and offerings. However, Evonik had a drop in share price, and this could prove to be a major advantage for any of its rivals. The company that can successfully capitalize on Evonik’s weaknesses and maintain its own strength at the same time will be the winner in this industrial chemical manufacturing race. Only time will tell who will come out on top!
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