Evonik Industries, one of the world’s leading suppliers of methacrylate chemicals, will raise the prices of its VISIOMER® Methacrylate Monomers. The new pricing structure applies to customers worldwide with exception of NAFTA. NAFTA pricing will be communicated separately by Evonik Cyro LLC, a 100 percent subsidiary of Evonik.
Effective June 1, 2010, as far as permissible under existing agreements, the prices for VISIOMER® Methacrylate Monomers will be increased by 5 % to 8 %. Your respective Sales Manager will contact you in the very near future to answer any questions you may have regarding this matter.
The price increase is caused by massive changes of raw material costs and the current market conditions.
Evonik Industries is the creative industrial group from Germany. In our core business of specialty chemicals, we are a global leader. In addition, Evonik is an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our company’s performance is shaped by creativity, specialization, continuous self-renewal, and reliability.
Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about €13.1 billion and an operating profit (EBITDA) of about €2.0 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.