Marl. The High Perfomance Polymers Business Line within the Resource Efficiency Segment of Evonik Industries, Essen (Germany), is increasing the prices of its polyamide 12-based products by around 6%, to the extent permissable under existing agreements. The price increase is necessary due to rising costs.
The products affected by the price increase are VESTAMID® L and VESTAMID® NRG (PA12), VESTAMID® D (PA612), VESTAMID® E (PA12 elastomers), as well as products in the VESTAMID® Care range and also the polyamide 12 powder VESTOSINT®.
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.
About Resource Efficiency
The Resource Efficiency segment is led by Evonik Resource Efficiency GmbH and supplies high performance materials for environmentally friendly as well as energy-efficient systems to the automotive, paints & coatings, adhesives, construction, and many other industries. This segment employed about 8,600 employees.
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.