ESSEN, Germany (Sept. 21, 2010)—Evonik Industries A.G. plans to increase prices globally for all its polyurethane additives, effective Oct. 15 or as contracts allow.
The increase will be about 46 cents per kilogram for Tegostab silicone stabilizers, Gorapur release agents, Tegoamin catalysts and Ortegol products.
Tin-based catalysts (Kosmos) will be dealt with separately, the company said.
Evonik said it will continue “working diligently to offset rising costs caused by raw material shortages, transport capacities, increasing labor costs and investments to ensure continued reliability of supply and our sustainability.”