Urethane Blog
No More Corner Office
February 28, 2023
Evonik is moving its North America headquarters to Piscataway, New Jersey
MOSCOW (MRC) — Evonik, one of the world’s leading specialty chemicals companies, is moving its North America headquarters from Parsippany, N.J., to Piscataway, N.J., said the company.
The official address change took effect on January 1, 2023. The Parsippany location will be closed with the end of its lease later this year.
The relocation is part of Evonik’s larger site rationalization plan to ensure efficient operations and future growth in North America. Evonik has embraced a hybrid work model in the region to consolidate office space, enhance employee engagement, and increase employer attractiveness.
“For Evonik, moving towards a hybrid workplace is a strategic opportunity to attract and retain diverse talent and to enable an efficient real estate footprint,” says Bonnie Tully, president North America region. “We want to foster conditions for growth, creativity, and innovation.”
The new Piscataway headquarters, located approximately 35 miles southwest of New York City, consists of administrative offices, laboratories for Research & Development, and the largest Collaboration Hub in the North America region – designed to support a hybrid and creative work environment for more than 160 employees. Evonik has recently opened similar hubs at its sites in Richmond, Va., and Mobile, Ala., and will eventually feature them at six locations in North America.
The uniquely designed spaces offer open areas and meeting rooms for employees to work onsite without needing individual offices. Employees have access to collaboration technology like digital whiteboards and tools for video conferencing. “The Collaboration Hubs promote interactions across our business lines and functions,” says Tully. “It will shape the future of work at Evonik and contribute to our culture of innovation.”
North America is an essential growth market for Evonik. The region contributed roughly a quarter (23%) to Evonik’s annual sales in 2021, making it the second-largest revenue source after Europe (EMEA). By 2030, Evonik aims to invest more than USD3 billion in Next Generation Solutions — products with superior sustainability benefits. Evonik will invest an additional USD700 million in Next Generation Technologies to optimize production processes and infrastructure and avoid CO2 emissions.
We remind, Evonik is pooling its expertise and integrating its alkoxides business into the Catalysts Business Line. The extensive portfolio of heterogeneous catalysts is thus now complemented by homogeneous catalysts. An international network of production sites and the highly experienced alkoxides team will additionally strengthen the Catalysts Business Line, one of Evonik’s growth areas, from January 2023.
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