Press release
China
June 2, 2017

Evonik increases prices for Epoxy Curing Agents

Evonik Resource Efficiency GmbH announces a price increase for the Epoxy Curing Agents business. The increase will be effective from July 1, 2017. All existing contracts will be honored. Prices will be increased as follows:

• Polyamides up to 3%
• Other Curing Agents and Additives up to 5%
The increase is necessary to offset the on-going escalation of key raw materials.

Evonik’s Epoxy Curing Agents Business Line appreciates your business and we remain focused on providing you with the very best technology and service that we can provide.

Company information

Evonik, the creative industrial group from Germany, is one of the world leaders in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Evonik benefits specifically from its innovative prowess and integrated technology platforms.
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.

Evonik Industries has been producing specialty chemical products in the Greater China region (Mainland China, Hong Kong and Taiwan) since the late 1970’s; with wide-ranging trading relations already in place prior to this in the region. Evonik regards Greater China as one of the driving forces of the global economy and we consequently endeavor to grow our business in the region. The company now has around 3,000 employees in the Greater China region, the regional sales reached about €1.3 billion in 2016.

Disclaimer

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.