Evonik Industries : Price increase for Evonik’s PMMA molding compounds in Asia Pacific

Darmstadt, Germany - Effective October 1, 2017, the Evonik segment Performance Materials will increase the prices in Asia Pacific for its PMMA molding compounds, which are marketed under the PLEXIGLAS® trademark.

Depending on the product portfolio and as far as permissible under existing agreements the increase will be up to 0.25 EURO per kilogram.

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.

Company information
Evonik is one of the world leaders in specialty chemicals. The focus on more specialty businesses, customer-orientated innovative prowess and a trustful and performance-oriented corporate culture form the heart of Evonik's corporate strategy. They are the lever for profitable growth and a sustained increase in the value of the company. Evonik benefits specifically from its customer proximity and leading market positions. 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.