Evonik Increases prices for aliphatic diisocyanates and derivatives

Excerpt: 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

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.

Aliphatic diisocyanates (ADI) are specialty intermediate chemicals used primarily to make durable coatings, adhesives, sealants and elastomers. Generally, they are considered to be specialty materials used in significantly smaller quantities than the aromatic diisocyanates.

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.

About Evonik

Evonik is one of the world's leading specialty chemicals companies. The central elements of our strategy for sustained value creation are profitable growth, efficiency and values.

Evonik is one of the world's leading specialty chemicals companies. The central elements of our strategy for sustained value creation are profitable growth, efficiency and values. Around 80 percent of sales come from market-leading positions, which we are systematically expanding.

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