Darmstadt, Germany – Predominantly driven by raw material price developments, the Evonik segment Performance Materials increases the price for VISIOMER® MMA (methyl methacrylate) and VISIOMER® GMAA (methacrylic acid) in Europe effective February 1, 2017.
As far as permissible under existing agreements, the increase will amount 80 € per ton.
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. In 2015 more than 33,500 employees generated sales of around €13.5 billion and an operating profit (adjusted EBITDA) of about €2.47 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 2015, the segment’s roughly 4,400 employees generated sales about €3.4 billion.