European Chemical Industry News & Insights

Evonik Launches SYNEQT GmbH for Industrial Services

At a glance
  • SYNEQT GmbH will start operations on January 1, 2026.
  • The company will have around 3,500 employees and a turnover of €1.8 billion.
  • SYNEQT aims to develop sites into climate-neutral, flexible industrial ecosystems.
  • Evonik will focus more on its core chemical production business.

Introduction

Evonik is consolidating its infrastructure services from the Marl and Wesseling chemical parks into a new entity, SYNEQT GmbH, set to begin operations on January 1, 2026. This move aims to create one of Germany's largest industrial service providers.

Company Structure and Goals

SYNEQT will employ around 3,500 people and generate a turnover of approximately €1.8 billion. The company will focus on developing climate-neutral and highly flexible industrial ecosystems, leveraging its expertise in energy supply, pipeline operations, and plant management.

Strategic Focus

Evonik plans to concentrate more on its core chemical production business, while SYNEQT will serve as an independent services unit. The company will explore potential investor partnerships to fund future growth, although no decisions have been made yet.

Service Offerings

SYNEQT will provide a wide range of services, including waste disposal, port operations, plant logistics, and security. The company aims to enhance its offerings with digital services and smart solutions, targeting both existing and new customers.

Regional Opportunities

Located in the Ruhr area and Rhineland, SYNEQT benefits from a strong industrial infrastructure, including an industrial hydrogen network and connections to key raw material and energy pipelines. These assets position the company to support clients in achieving climate-neutral and economically viable operations.