Evonik, a world leader in specialty chemicals, is upping its investments in China and Asia in a bid to take advantage of the region's growing economic momentum.

"2011 was a record year for us. Evonik is now better positioned than ever," said Yu Dahai, member of the executive board of Evonik Industries AG.

Evonik is active in more than 100 countries around the world. The group benefits specifically from its innovative prowess and integrated technology platforms.