Evonik Industries AG: Global Price Increase of up to 10%
The Business Line Interface & Performance of Evonik is increasing the prices of its products effective October 1, 2014, or as contract allows.
The products of Interface & Performance are sold under the brand names like TEGO® Antifoam, TEGO® RC Silicones, TEGOSIVIN®, TEGOMER®, TEGOPREN®, REWOCOROS®, REWOPOL®, BREAK-THRU®, GETREN®, SITREN®, ADOGEN®, AROSURF® and VARISOFT®.
Prices will be increased by up to ten percent or as contract allows. This measure is needed to compensate for increasing costs during past years in various areas and to support investments aimed at maintaining and improving our availability and supply. Interface & Performance is committed to providing innovative products and technical support that add value for our customers.
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.
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.