Press release
May 19, 2016

Evonik expands footprint in Malaysia with Shared Financial Services Center opening in Selangor

  • The shared financial services center will serve the Evonik corporations across the Asia-Pacific region
  • More than 90 high skills job opportunities have been created in Malaysia

Evonik Industries AG, one of the world’s leading specialty chemicals companies based in Essen, Germany, opens its shared financial services center in Selangor today. By providing financial services to all Evonik corporations in the Asia-Pacific region, the shared financial services center has created more than 90 job opportunities in Malaysia.

As part of Evonik’s global network of shared service organizations, the shared financial services center provides functional services in the areas of finance services delivery, such as accounts payables, accounts receivable general ledger, fixed assets accounting and cost accounting to Evonik Group companies across 13 countries and territories in the Asia-Pacific region.

“The establishment of the shared financial services center for the Asia-Pacific region in Malaysia is an important milestone for Evonik, it will further strengthen the competitive position of the company and optimize the quality of existing administrative processes,” said Ute Wolf, Chief Financial Officer of Evonik Industries AG, during the opening ceremony in Selangor today. “Malaysia has a strong business environment and a talented workforce with multi-language capabilities, which made us chose to locate our shared financial service center here to extend our global network.”

The shared financial services center is co-located with Evonik Malaysia’s sales and marketing office in a new facility in Bandar Sunway, Petaling Jaya, Selangor. “Evonik has been active in Malaysia for many years, with our strong presence in the country, this new office will continue to build on the successes that our businesses have already achieved over the past years,” said Peter Meinshausen, Regional President of Evonik South East Asia, Australia and New Zealand, “Together with the strengthened financial service delivery processes, I believe our professional and dedicated employees in Malaysia will take Evonik to the next level.”

“The opening of our new office in Malaysia will provide trainings and career opportunities for graduates and professionals, and I am proud to announce that Evonik has already created more than 90 positions for the locals.” Dr. Ibrahim Idris, Country Head and Managing Director of Evonik Malaysia added, “With the opening of shared financial services center, I am very much looking forward to increasing our presence in Malaysia in addition to our already strong sales and marketing team in the country.”

At present, Evonik Industries employs more than 4,750 staff in the Asia-Pacific region with over 800 staff in the South East Asia region, and the combined sales of the Asia-Pacific region grew 17 percent to € 2,860 million in 2015, constitute 21 percent of the company’s global sales. Potential candidates can learn more about the company by visiting and

Company information

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals, operating in the Nutrition & Care, Resource Efficiency and Performance Materials segments. The company benefits from its innovative prowess and integrated technology platforms. In 2015 more than 33,500 employees generated sales of around €13.5 billion and an operating profit (adjusted EBITDA) of about €2.47 billion.

Evonik in South East Asia, Australia & New Zealand

Headquartered in Singapore, Evonik is present in the SEAANZ region with production sites, sales offices, innovation and technical service centers located in Australia, Indonesia, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Thailand and Vietnam. With more than 800 employees in the region, the company steadily grows its footprint in SEAANZ by expanding its regional operations in response to the growing demand. Evonik Industries has been establishing customer relationships and importing a broad range of products in the SEAANZ region since the 1920’s.


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.