Evonik Subsidiary Evonik Degussa GmbH Raises Specialty Silica Prices in Europe, Africa, Near/Middle East and Latin America

The Advanced Fillers & Pigments Business Unit of Düsseldorf-based Evonik Degussa GmbH is raising its Specialty Silica prices in Europe & ROW (Africa, Near/Middle East and Latin America). The price increase of 8% will come into effect on December 1st, 2007. Over the last few months, Evonik Degussa has absorbed a major portion of the rising costs, but is no longer able to withstand cost pressures caused by the rise in energy, raw materials, transportation costs and quality requirements.