Germany-based Evonik Industries and Taiwan-based Cristal Material Corporation have formed a new joint venture named Evonik Cristal Materials Corporation. The opening ceremony was held last week in Taipei, Taiwan, and Patrik Wohlhauser, chairman of Evonik Degussa GmbH's management board, announced that Evonik Cristal Materials will focus on manufacturing high-quality glass lenses for next-generation LEDs, which will marketed under the Savosil™ brand.