Evonik Increases the Price for PLEXIGLAS® Molding Compounds in Asia
Evonik Industries’ Acrylic Polymers Business Line will increase the prices for Molding Compounds marketed in Asia under the brand name PLEXIGLAS® with immediate effect. The price increase will be 2 RMB per kilogram for all grades. Customers will be informed of specific price increases by their regional representatives.
This step is unavoidable due to some recent price hikes of raw materials, which cannot be compensated by further optimization of process.
The Acrylic Polymers Business Line of Evonik Industries manufactures the inspiring plastic
PLEXIGLAS® and offers a wide range of specialty molding compounds and sheet products for a variety of future-oriented applications. PLEXIGLAS® offers enormous creative freedom and is used wherever the most stringent demands are to be met in terms of function and design.
Major markets for PLEXIGLAS® are architecture and the construction industry, lighting and design applications, the automotive and aviation industries, electronics and communication, furniture and exhibition booth construction, store fixtures and solar applications.
Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world. In its fiscal year 2009 about 39,000 employees generated sales of about €13.1 billion and an operating profit (EBITDA) of about €2 billion.
Evonik Industries has been producing specialty chemical products in China since the early 1990’s; with wide-ranging trading relations already in pl
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.