The Product Line Coating Resins of Evonik Industries AG will raise the sales prices for its Methacrylate Polymers as well as Reactive Resins as of July 1st, 2014.
The prices will be increased by a minimum of 6% or as contracts allow. This measure is needed because of increased cost.
Product line Coating Resins products are sold under the brand names DEGALAN®, DEGADUR®, DEGAROUTE®, DEGACRYL® and DYNAPOL®.
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. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.
Evonik is active in over 100 countries around the world. In fiscal 2013 more than 33,500 employees generated sales of around €12.7 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.