European Chemical Industry News & Insights

Röhm Becomes Independent Company

At a glance
  • Röhm GmbH completed its carve-out from Evonik Industries, now owned by Advent International.
  • Röhm reported EUR 1.9 billion in revenues for 2018.
  • The company employs around 3,900 people across 15 global production sites.
  • Key products include PLEXIGLAS® and methyl methacrylate.

Carve-Out Completion

Röhm GmbH has successfully completed its carve-out from Evonik Industries, transitioning to an independent company under the ownership of Advent International. This move includes the transfer of Evonik Industries’ Methacrylate Verbund to Röhm.

Company Overview

With 2018 revenues of EUR 1.9 billion, Röhm is a global leader in methacrylate chemicals. The company employs approximately 3,900 people across 15 production sites located in Germany, China, the USA, Russia, and South Africa.

Technological Leadership

Röhm is targeting global technology leadership in methyl methacrylate production through innovative production technologies. The company aims to drive growth and strengthen its market position through investments and expansion.

Investment and Expansion

Advent International, one of the world’s largest private equity firms, supports Röhm’s growth strategy. With extensive experience in the chemicals industry, Advent International plans to invest in Röhm’s technologies and production facilities to enhance its market position.

Product Portfolio

Röhm’s product portfolio includes the well-known PLEXIGLAS® brand, used in various applications such as automotive, aerospace, construction, and advertising. Methyl methacrylate, a key precursor for PLEXIGLAS®, is also used in varnishes, paints, floor coatings, adhesives, and dental products. Additionally, Röhm produces methacrylate resins for industrial floors and road markings, as well as cyanide for precious metal leaching in the mining industry.