Evonik increases prices for Home- and Fabric Care products

26-Jun-2014 - Germany

Evonik will increase the prices for its Home- and Fabric Care products in Europe starting as of July 15, 2014, at a minimum of 3%, as far as contracts allow.

Thomas Wildt, new head of the Global Business Line Household Care since April 1, 2014, outlined the need to increase the profitability of the existing business as reason. Supported by cost reduction efforts these measures should safeguard the sustainability of the business for Evonik and its business partners.

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