Evonik to raise prices of high-performance plastics

Evonik to raise prices of…

Evonik's High Performance Polymers Business Line announces a price increase for its Vestamid, Vestosint, Vestamelt, Vestodur, and Trogamid product lines effective April 1, 2022. Product prices will increase by an average of 13 to 25 percent depending on type and region. Customers will be informed of the specific price increases by their account managers.

The last months’ increases in energy, raw material and transportation prices have forced Evonik to take this decision because they reached a level that cannot be compensated by improved efficiency of processes.