Evonik Industries announces a price increase in Europe for products under the brand TEGO® for the coatings and printing inks industry up to five percent, effective April 1st, 2015. This increase will apply to all orders on or after this date, unless otherwise contractually agreed.
This price adjustment is necessary to secure sustainable supply.
Evonik’s Coating Additives Business Line remains committed to continue the high level of innovation and service that customers have come to expect.
Under the TEGO® brand Evonik offers the coatings & printing inks industry a unique range of products. Please also visit our website www.tego.de for further details.
Evonik, the creative industrial group from Germany, is one of the world leaders
in specialty chemicals. Profitable growth and a sustained increase in the value of the company form the heart of Evonik’s corporate strategy. Its activities focus on the key megatrends health, nutrition, resource efficiency and globalization. Evonik benefits specifically from its innovative prowess and integrated technology platforms.
Evonik is active in over 100 countries around the world. In fiscal 2013 more than 33,500 employees generated sales of around €12.7 billion and an operating profit (adjusted EBITDA) of about €2.0 billion.
In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.