Darmstadt. - Evonik Röhm GmbH is increasing its prices for the PMMA molding compounds it markets under the trademarks PLEXIGLAS®, PLEXALLOY® and PLEXIMID® effective October 1, 2009. As far as permissible under existing agreements, the price of all products will go up by EUR 0.10 per kilogram.
This price increase was due to the sharp rise in feedstock costs.
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 2008 about 41,000 employees generated sales of about €15.9 billion and an operating profit (EBITDA) of about €2.2 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.