BASF & Evonik: Global Capacity Analysis
Authors: Tzyy Lok, Head of Consulting, Europe, Mariana Santos Moreira, Thought Leadership Director,Courtney Stechelin, Research Analyst.
Contact: Mino Angelilli, Industry Relations Director (Mino.Angelilli@DowJones.com)

On 25 September 2026, BASF SE confirmed exploratory discussions regarding a potential takeover of Evonik Industries AG with both Evonik management and RAG-Stiftung. Chemical Market Analytics by OPIS, a Dow Jones Company assessed the potential implications of BASF taking over Evonik, how this could affect the value chains these companies are present in, and outlining the strategic advantages of consolidating both global businesses.