Press release
June 6, 2017

Evonik increases prices for DEGALAN® from July 1st, 2017

The Coating & Adhesive Resins Business Line of Evonik Resource Efficiency GmbH announces a price increase from min. 0,05 EUR/kg to over 0,45 EUR/kg for its DEGALAN® grades for paint, coatings and printing inks applications.

The increase varies depending on region and single product and will be effective from July 1st, 2017 globally and applies to all orders shipped on or after this date as contracts allow.

Evonik Resource Efficiency remains committed to its high quality product standards and reliable services that customers have come to expect.

Company information
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world with more than 35,000 employees. In fiscal 2016 the enterprise generated sales of around €12,7 billion.

About Resource Efficiency
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and supplies high performance materials for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 9,000 employees, and generated sales of around €4.5 billion in 2016.

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.