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Evonik Increases Prices for C4-based Product Portfolio

Increase due to disadvantageous raw material composition, limited raw material availability.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Effective Nov. 1, 2016 (or as allowed by contracts), the Evonik Business Line Performance Intermediates of the segment Performance Materials will increase the prices for its complete C4-based product portfolio due to both disadvantageous raw material composition as well as limited raw material availability. As far as permissible under existing agreements, prices will be increased by 3%-5%.

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