Degussa AG High Performance Polymers Increases Prices for Specialty Polymers and Monomers

18-Oct-2005
The High Performance Polymers Business Unit of Degussa AG, Düsseldorf, announces global price increases of 5 to 9% across the entire nylon-based product portfolio (VESTAMID®, VESTOSINT®, VESTAMELT® and TROGAMID®) effective November 1, 2005. Regarding its VESTENAMER® polyoctenamer portfolio, prices will increase on average by 12%. Finally, the prices of monomers and chemicals for synthesis of the C8 and C12 ring family will increase up to 30%. The business unit has been permanently striving to offset dramaticly and continuously rising costs with productivity measures involving both cost-cutting and process optimization programs along the whole supply chain. However, the extent of the cost increase, linked mainly to energy, transportation and raw materials, makes these price increases inevitable in order to enable High Performance Polymers to remain a sustainable partner in the future. Customers under current long-term contract agreements are not concerned by these price increases until the scheduled termination.

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Topic world Synthesis

Chemical synthesis is at the heart of modern chemistry and enables the targeted production of molecules with specific properties. By combining starting materials in defined reaction conditions, chemists can create a wide range of compounds, from simple molecules to complex active ingredients.

15+ products
4 whitepaper
15+ brochures