Evonik Industries AG digitally supports its further development of regional strategies with Solyp 4.0.

Solyp3 was successfully used worldwide in Evonik's Regions Development division from the beginning of 2018. Since then, we have been supporting the strategic environment analysis, creating a central source of information for all relevant qualitative and quantitative regional data.

Evonik is now extending its co-operation towards the development and implementation of regional initiatives and programs with Solyp 4.0.

Solyp 4.0 bundles Evonik's regional portfolios of strategic initiatives and will produce a holistic picture of the planned financial impact, the resources used over time and the status of implementation. Management will so be able to track the initiatives' contribution to the company's goals and, if necessary, evaluate and assess current situations by creating scenarios.

Evonik is one of the world's leading specialty chemicals companies. Evonik is active in more than 100 countries worldwide and benefits in particular from close customer relationships and leading market positions. In fiscal 2018, the company generated sales of around € 13.3 billion and an operating profit (adjusted EBITDA) of about € 2.15 billion from continuing operations with more than 32,000 employees.