MOSCOW (MRC) -- Evonik Industries AG will increase the prices of its PMMA semifinished products, which it markets under the PLEXIGLAS and DEGLAS trademarks, reported the company on its site.
Thus, the price increase will be, as follows:
- PLEXIGLAS und DEGLAS sheets and blocks - by 6%;
- PLEXIGLAS multi-skin and corrugated sheets - by 6%;
- PLEXIGLAS and DEGLAS tubes and rods - by 6%.
The reason for this step is the ongoing considerable rise in the cost of upstream products, energy and salaries.
As MRC reported before, Evonik Industries is making an investment in the double-digit-million euro range in a new research center at the Rheinfelden site. Starting at the beginning of 2016, research into silanes will be carried out in modern laboratories in the four-story building. Silanes are used in the electronics industry, in the tire industry, for the production of adhesives and sealants as well as plastics, and in the construction industry.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Evonik is active in over 100 countries around the world. In fiscal 2013 more than 33,500 employees generated sales of around EUR12.7 billion and an operating profit (adjusted EBITDA) of about EUR2.0 billion.
MRC