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2008-08-07

Evonik: Price Increase for PMMA Molding Compounds and Sheet Products

Effective September 1, 2008, the Acrylic Polymers Business Line of Evonik Industries (www.evonik.com) will raise the prices of its PMMA molding compounds and sheet products marketed under the PLEXIGLAS® and DEGLAS® brand names. The increase, if permissible under existing agreements, will amount to €0.20 per kilogram for all products.

Evonik makes every effort to keep improving its production processes by making them more efficient. However, steep increases in the costs of raw materials, energy, transportation, and, in particular, natural gas leave the company with no other choice but to pass on to customers some of the resulting increases in its production costs. The price increase is also necessary to ensure that the high quality standard of its products is maintained.

Evonik Industries AG, Essen, Germany



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