Price increase for Evonik’s PMMA molding compounds
Darmstadt, February 9, 2017
Darmstadt, Germany - Effective March 1, 2017, the Evonik segment Performance Materials will increase globally the prices for its PMMA molding compounds, which are marketed under the PLEXIGLAS® trademark (in the Americas ACRYLITE®) and also its modified acrylic-based compounds marketed under the trademark PLEXIMID® (ACRYMID® in the Americas). As far as permissible under existing agreements and according to the product type, the increase will be 200 € per ton (0.10 US$ per lbs.).
Evonik is committed to supply the highest quality products and services in the industry for acrylics.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals, operating in the Nutrition & Care, Resource Efficiency and Performance Materials segments. The company benefits from its innovative prowess and integrated technology platforms. In 2015 more than 33,500 employees generated sales of around €13.5 billion and an operating profit (adjusted EBITDA) of about €2.47 billion.
The Performance Materials Segment is managed by Evonik Performance Materials GmbH. The segment focuses its global activities on developing and manufacturing polymer materials and intermediates, especially for use in agriculture and in the rubber and plastics industry. In 2015, the segment’s roughly 4,400 employees generated sales about €3.4 billion.