MOSCOW (MRC) -- 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, said the company on its site.
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.
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.
As MRC informed earlier, Evonik segment Performance Materials increases the price for VISIOMER MMA (methyl methacrylate) and VISIOMER GMAA (methacrylic acid) in Europe effective February 1, 2017.
Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms. Evonik is active in over 100 countries around the world.
MRC