For all new orders or as contracts allow Evonik Industries, Coatings & Additives Business Unit will increase the prices for coating and adhesive polyesters sold under the brand names DYNAPOL and DYNACOLL as well as for the VESTOPLAST product range in Europe, Africa and the Middle East. The price increase will be up to 10 %.
This step is unavoidable due to some recent price hikes of important raw materials.
With DYNAPOL, DYNACOLL and VESTOPLAST Evonik offers a wide range of raw materials for the coatings and adhesives industry.
Further information is available at www.evonik.com and www.smartformulating.com
Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2007 about 43,000 employees generated sales of about €14.4 billion and an operating profit (EBIT) of more than €1.3 billion.
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.