Evonik Announces Two New Appointments

Oil Additives at Evonik has announced two
new employee appointments, Carsten Schminke, effective September 1,
2014 and Dr. Jeanette Hilf, effective June 1, 2014.

Schminke has been selected as the Global Supply Chain Manager in the
Oil Additives Business Line of the Coatings & Additives Business Unit,
succeeding David Siwinski. Based at the Evonik Technology Center in
Horsham, PA, USA, he will be a member of the OA Management Team
and will report to Dr. Ralf Düssel, Managing Director Oil Additives.

Schminke joined Evonik in 2002 as the head of controlling and business
development in the skin care business line for the former Stockhausen
GmbH. In November, 2006, after transferring to the former Goldschmidt
Chemical Corp. in Hopewell, VA, USA, he took over as senior manager,
cost accounting and was then promoted to head of finance and
controlling of the consumer specialties business unit in North America.

In 2011, Schminke returned to Germany to work as a
consultant/strategic controller in corporate controlling for the Resource
Efficiency segment, overseeing the Coatings & Additives business unit
and the India region.

As of June 1, 2014, Dr. Jeanette Hilf succeeded Dr. Rhishikesh Gokhale,
assuming the position of wax modifier lab manager in Darmstadt
Product Development where she is responsible for new lubricant pour
point depressants (PPD), fuel, dewaxing aids (DWA) and other wax
modification-related developments.

To learn more about Evonik’s technologies and products, visit
evonik.com/oil-additives.

The Oil Additives team at Evonik has taken a leadership role in
developing lubricant additive technology designed to improve fuel
efficiency and productivity. Energy-saving results have been
demonstrated with VISCOPLEX^® Viscosity Index Improvers (VIIs) in engine
oils, driveline fluids and gear oils. Industrial and off-highway equipment
field tests have also recorded up to double-digit improvements in fuel
savings with DYNAVIS^® technology for hydraulic fluids, reducing
operating costs as well as CO2 emissions. Evonik’s VISCOBASE^®
technology offers an ideal balance between a very shear-stable VII and a
synthetic base fluid, providing excellent solvency in automotive gear oil
formulations such as heavy duty axle oils and manual transmission
fluids. In all of its many applications, the Oil Additives team at Evonik
strives for Resource Efficiency.

The Oil Additives business line of Evonik Industries also specializes in
high-performance additives and technologies for fuels and refinery
products. Evonik’s VISCOPLEX^® Cold Flow Improvers (CFIs) provide
outstanding flow properties for biofuels in any region or season.
VISCOPLEX^® dewaxing aids (DWAs) are designed for refinery solvent
dewaxing processes that involve differing lube oil viscosity grades,
especially bright stocks.

Advanced regional technology centers, modern global manufacturing
centers, and a secure and reliable supply chain worldwide enable
Evonik’s continuous development of customized solutions for customers
anywhere on earth.

Evonik, the creative international industrial group, is one of the world
leaders in specialty chemicals. Its activities focus on the key megatrends
resource efficiency, health, nutrition and globalization. Evonik benefits
specifically from its innovative strength and integrated technology
platforms. Evonik is active in over 100 countries around the world. In
fiscal 2013 more than 33,500 employees generated sales of around
€12.7 billion.