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.
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 2015, the segment’s roughly 4,400 employees generated sales about €3.4 billion.
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.