- Evonik and PT Sumi Asih sold their Bekasi site to Aekyung Chemical on 31 October 2025.
- The transaction includes 100% of the joint venture, its management, operations, assets, and 60 employees.
- Evonik divested its betaines business in Hopewell, Virginia in August 2022 and Milton Keynes, UK in August 2020.
- Betaines are used in shampoos, hair conditioners, and skin care products.
Transaction Details
On 31 October 2025, Evonik and joint venture partner PT Sumi Asih finalized the sale of their Bekasi site in Indonesia to Aekyung Chemical Co, Ltd, a major South Korean chemical company. The transaction includes the entire PT Evonik Sumi Asih joint venture, encompassing management, operations, assets, and approximately 60 employees.
Strategic Shift
This divestment is part of Evonik's ongoing strategy to transform its Care Solutions portfolio towards sustainable specialty chemicals. The company aims to focus on eco-friendly solutions, particularly in high-growth areas like cosmetic active ingredients.
Previous Divestments
Evonik has been gradually divesting its betaines business, having sold its operations in Hopewell, Virginia, in August 2022, and in Milton Keynes, UK, in August 2020. The company has also consolidated its European betaine operations in Essen, Germany.
Product Applications
Betaines, the primary product of the Bekasi site, are amphoteric surfactants used in personal care products such as shampoos, hair conditioners, and skin care items, as well as in various other consumer applications.
