Evonik Increases Prices
Evonik increases prices for VESTANAT® and VESTAGON® products
Evonik raises the prices for its aliphatic diisocyanates and derivatives, offered under the brand names VESTANAT® and VESTAGON® up to 10% on a global basis with immediate effect. All existing contracts will be honored.
After many years of stable prices the price increase has become unavoidable to compensate higher costs for personnel, maintenance, regulatory affairs and logistics.
This adjustment will enable the business line Crosslinkers to continue to provide to its customers a superior quality, excellent service with special focus on supply reliability and the broadest portfolio of isophorone based solutions in the industry.
The Crosslinkers Business Line offers a broad range of products and competences for coatings and adhesives, as well as for high-performance elastomers and composites. Besides products based on isophorone chemistry the portfolio contains a full toolbox of amine curing agents for ambient and heat cure applications. The products are mainly used in industrial applications due to the mechanical strength, durability, chemical resistance and excellent adhesion properties.