Press release

Anniversary: 25 Years of Tego - Chemistry with Imagination

Shanghai, Mar. 22

In March of this year, Evonik Tego Chemie GmbH celebrates an important anniversary: For 25 years, the firm has offered its know-how in the field of additives and specialty resins for coatings and printing inks. During this time, Tego has risen to become a leading supplier of specialty products for the coatings and printing inks industries.

Tego’s business activities in the Greater China region can be traced back to 1994, followed by the establishment of labs in Guangzhou, Tianjing and Shanghai. The local production of Tego was kicked off in Shanghai in 2004. The TEGO team, which is constantly growing in all departments,: in sales, in the application technology and the R&D, is serving the whole China/Greater China market and is strongly supported by the local production, which is highly appreciated by our customers.

Today, Tego products are available from numerous subsidiaries. We are thus able to supply our customers almost everywhere rapidly and provide competent technical support through our Technical Service Centers. Detailed product information, interactive solutions to problems, technical background information and numerous technical articles by our experts supplement the service for our customers at www.tego.cn. Evonik Tego Chemie GmbH also facilitates routine work for customers via its comprehensive Tego Journal: 200 pages of products, services and data sheets from Tego. Tego China team continues to publish the Chinese version of Tego Journal regularly for the benefit of our customers in the region.

Tego has a wide variety of products and technologies, such as dispers wetting and dispersing additives, foamex defoamers, airex deaerators, wet substrate wetting additives, and glide & flow surface additives. In China market, Tego has been enjoying more than 16 years of double digit increase. Tego China team continue to strengthen its status in the conventional product portfolio. On the other hand, Tego has very strong position in high-end and environmental-friendly application in the field of coating and ink industries. For example, one of the leading brand worldwide for UV – waterborn application. And now, Tego China team is running a "rainbow project" and try to tailor make some product for China and Asia market.

About Evonik
Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2008 about 41,000 employees generated sales of about €15.9 billion and an operating profit (EBITDA) of about €2.2 billion.

Evonik Industries has been producing specialty chemical products in China since the early 1990’s; with wide-ranging trading relations already in place prior to this. The Group now has a total of 20 companies and 16 production sites in the region. In fiscal year 2008, 4,000 employees generated sales of over €820 million. Evonik regards China as one of the driving forces of the global economy, and we consequently intend to increase our business in Greater China to around €2 billion in the medium term.
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.

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