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Evonik Industries AG (STU:EVK) Accounts Payable & Accrued Expense for Financial Companies


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What is Evonik Industries AG Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Evonik Industries AG (STU:EVK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Evonik Industries AG (STU:EVK) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Address
Rellinghauser Strasse 1-11, Essen, NW, DEU, 45128
Evonik Industries is a German chemical company offering a mix of speciality and commodity chemical products. It has a number-one to -three market position in 80% of its businesses. Around 45% of sales are generated in Europe, while the key markets of North America and Asia account for 25% and 20% of sales, respectively. The company is organized into four major segments: specialty additives, smart materials, nutrition and care, and performance materials.