Corporate Strategy
Looking ahead, we are committed to sustaining our number one position in the world of specialty chemicals. To this end, driven by a market and business oriented organization, we are focusing on our core strengths.
Concentrating on profitable specialty chemicals – a high-quality portfolio We see specialty chemicals as a less cyclical sector with high margins and growth rates and the scope to set ourselves apart from our competitors and offer our customers enhanced benefits. Degussa focuses on three reporting segments:
Organization of our core areas of business The reporting segments represent the strong competence platforms of Degussa, and each pools activities with comparable business models and strategic success factors. They are the external reporting units used for our segment reporting in accordance with the International Financial Reporting Standards (IFRS). We provide extensive facts and figures on our business performance and the development of the Divisions.
Organizational principle "business first" Degussa’s organizational structures are aligned to market and business requirements. Our decentralized structure comprises clear assignment of responsibilities between our Corporate Center (corporate management), Business and Service Units. The 12 Business Units have global responsibility for their operating performance (EBIT) and report directly to the management board. They are supported by entrepreneurially operating Service Units that compete with external suppliers for Business Unit orders.
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