Price Increase for PLEXIGLAS® and PLEXIMID® Molding Compounds


WEBWIRE – Friday, February 22, 2013

Essen (Germany), -Darmstadt, Germany - Effective April 1, 2013, Evonik Industries AG will increase the prices for all molding compounds sold under the PLEXIGLAS® and PLEXIMID® trademarks. As far as permissible under existing agreements the increase will amount to 0.14 EUR per kilogram.
The reason for this step is the continued escalation of raw material cost.

Evonik Industries is a worldwide manufacturer of PMMA products sold under the PLEXIGLAS® trademark on the European, Asian, African and Australian continents and under the trademark ACRYLITE® in the Americas.

Company information

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Evonik benefits specifically from its innovative prowess and integrated technology platforms.

Evonik is active in over 100 countries around the world. In fiscal 2011 more than 33,000 employees generated sales of around €14.5 billion and an operating profit (adjusted EBITDA) of about €2.8 billion.

Disclaimer

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.



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