Price increase for Evonik’s PMMA molding compounds
Darmstadt, Germany - Effective June 1, 2017, the Evonik segment Performance Materials will increase globally the prices for its PMMA molding compounds, which are marketed under the ACRYLITE® trademark and also its modified acrylic-based compounds marketed under the trademark ACRYMID®. As far as permissible under existing agreements the increase will be 23 percent.
Evonik is committed to supply the highest quality products and services in the industry for acrylics.
Evonik is a worldwide manufacturer of PMMA products sold under the PLEXIGLAS® and PLEXIMID® trademarks on the European, Asian, African and Australian continents and under the ACRYLITE® and ACRYMID® trademarks in the Americas.
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. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world with more than 35,000 employees. In fiscal 2016 the enterprise generated sales of around €12,7 billion and an operating profit (adjusted EBITDA) of about €2.165 billion.
About Performance Materials
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 2016, the segment’s roughly 4,400 employees generated sales about €3.2 billion.