Chemicals maker Evonik has gone digital with the launch of its new subsidiary Evonik Digital GmBh, which includes around 20 experts.

In a bid to keep up with the booming digital world, the company is said to be building up its digital expertise and developing its digital business models. Henrik Hahn has been appointed as the new position of Chief Digital Officer and will coordinate digitalization activities for the company.

Christian Kullmann, Deputy Chairman of the Executive Board and responsible for digitalization strategy, said, “Digitalization offers more than new technologies. It also creates new opportunities for collaboration and production, and gives rise to new business models and marketing options. Evonik is taking a pioneering role in the chemical industry here.”

The new subsidiary will be based in the center of Essen and will commence operation early this year, according to the company. As part of the new move, the specialists will ‘develop digital concepts and solutions, test them, and get them off the ground within the group.’

Evonik will team up with promising startups and renowned technology companies as part of the new subsidiary.