Evonik Announces Price Increase for VISIOMER® Methacrylate Monomers

01 Jul 2009 • by Natalie Aster

The Performance Polymers Business Unit of Evonik Industries, one of the world’s leading suppliers of methacrylate chemicals, will raise the prices of its VISIOMER® Methacrylate Monomers. The new pricing structure applies to customers worldwide with exception of NAFTA. NAFTA pricing will be communicated separately by Evonik Cyro LLC, a 100 percent subsidiary of Evonik.

Effective July 01, 2009, as far as permissible under existing agreements, the prices will be increased by the levels indicated below:

Europe:

• VISIOMER® Methyl Methacrylate - + 60 € / mt
• VISIOMER® Methacrylic Acid - + 80 € / mt
• VISIOMER® Butyl Methacrylate - + 80 € / mt
• VISIOMER® Methacrylamide - + 80 € / mt
• VISIOMER® Hydroxy Esters - + 80 € / mt
• VISIOMER® Specialty Esters - + 50 € / mt

Rest of the world (except NAFTA):

• VISIOMER® Methyl Methacrylate - + 80 $ / mt
• VISIOMER® Methacrylic Acid - + 110 $ / mt
• VISIOMER® Butyl Methacrylate - + 110 $ / mt
• VISIOMER® Methacrylamide - + 110 $ / mt
• VISIOMER® Hydroxy Esters - + 110 $ / mt
• VISIOMER® Specialty Esters - + 70 $ / mt

The price increase is caused by higher costs for raw materials and logistics.

Source: Evonik Industries