Press release
Oil Additives
August 30, 2017

Evonik has temporarily shut down its Deer Park production plant

As of Saturday, August 26th, Evonik Oil Additives USA Inc. temporarily shut down its production at the Deer Park, Texas plant due to Tropical Storm Harvey. There has been no damage to Evonik’s assets, utilities, supplies or production capabilities. The plant remains closed as of Wednesday, August 30th.

The heavy rainfall has concluded today, with excess water draining from the site. All modes of transportation to and from the plant continue to be disrupted, restricting the mobility of our employees, contractors and service providers. Railways, roads and ports are closed, but we understand that safety inspections have begun at the port of Houston, and along the ship channel.

Evonik emergency crews have initiated site clean-up and safety checks on equipment. We are in communication with our suppliers to determine their ability to resume delivery of raw materials and services.

The re-start of the plant depends on the ability to our personnel to travel safely to the site, and the ability of our logistics partners to resume product transportation. It is not possible to communicate a re-start date at this time. Evonik’s Deer Park operating personnel are unharmed, but several have suffered damage to their homes or property. Safety of its employees, contractors and service providers is Evonik’s number one priority. We are diligently working to resume operations and minimize service disruptions to our customers.

Evonik is closely monitoring the aftermath of this storm and will issue updated information when the situation changes.

Company information

Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, high innovative prowess and an encouraging and trustful corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 35,000 employees. In fiscal 2016, the enterprise generated sales of around €12.7 billion and an operating profit (adjusted EBITDA) of about €2.165 billion.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.