Press release
November 30, 2018

Methacrylate Resins increases prices for DEGAROUTE®, DEGADUR® and DEGALAN® from January 01, 2019

The product line Methacrylate Resins of Evonik Resource Efficiency GmbH is announcing a price increase of minimum 10%, in some cases 20 - 25%, for DEGAROUTE®, DEGADUR® and DEGALAN® resins in road marking and flooring, as well as DEGALAN® resins and beads for paints, coatings and heat sealing applications, effective January 01, 2019.

Depending on region and product, the global increase is executed differently. It is applied to all orders to be shipped on or after this date, or as contracts allow.

Evonik Resource Efficiency continues to be committed to the high quality standards of its products and its reliable services.

About Evonik
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik’s corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. Evonik is active in over 100 countries around the world with more than 36,000 employees. In fiscal 2017, the enterprise generated sales of €14.4 billion and an operating profit (adjusted EBITDA) of €2.36 billion.

About Resource Efficiency
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and produces high performance materials and specialty additives for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 10,000 employees, and generated sales of around €5.4 billion in 2017.

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.