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Our purpose is the cornerstone of our performance pledge: “Leading beyond chemistry to improve life, today and tomorrow.” It can be traced back to our company’s roots and describes why we do something, what drives us and the contribution Evonik makes to society over and above generating profits. At Evonik, we go beyond chemistry to make life a little better day in, day out – a goal we are committed to. We aim to have a direct, positive impact on everyone’s life by enhancing the properties of our customers’ products. Our purpose is hence the driving force behind our strategic decisions, through which we naturally take responsibility for the present and future generations.

"Bayport Polymers LLC (Baystar) was created as a joint venture in 2018 between three established petrochemical industry leaders, Total S.A. (Total), Borealis Holdings LLC and NOVA Chemicals. Our Baystar joint venture investment is building a 625,000-ton-per-year polyethylene unit at our production site in Pasadena, Texas. The new Bay 3 unit will use Borstar® technology and more than double our site’s polyethylene capacity to 1.1 Mt/y with a start-up scheduled in 2021. The contract for the engineering, procurement and construction of the new unit has been awarded to McDermott and is expected to employ 1,750 staff during peak activity. Baystar is also currently building a one-million-tonne per year steam cracker in Port Arthur, Texas. This cracker will process ethane, which is abundantly available and competitively priced in the U.S. and will supply our Baystar polyethylene units."