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Evonik Industries AG operates as a holding company, which engages in the manufacture of specialty chemical products. It operates through the following segments: Specialty Additives, Nutrition and Care, Smart Materials, Performance Materials, Services, and Other Operations. The Specialty Additives segment produces additives for a vareity of sectors and products. The Nutrition and Care segment produces specialty chemicals, principally for use in consumer goods for daily needs, as well as in animal nutrition and healthcare products. The Smart Materials segment supplies materials and specialty additives for environment-friendly and energy-efficient system solutions for the automotive, paints, coatings, adhesives, construction industries and other sectors. The Performance Materials segment manufactures polymer materials and intermediates, mainly for the rubber, plastics and agriculture industries. The Services segment comprises site management, utilities, waste management, technical, process technology, engineering and logistics services for the chemical segments and external customers. The Other Operation segment consists of the management holding company, strategic research and hidden reserves and liabilities. The company was established on the 12th of September 2012 and is headquartered in Essen, Germany.