Essen, Germany -- Evonik said 9 March 2012 that it is going to increase prices globally for all polyurethane additives. The increase will be 5-10 percent depending on product type including Tegostab silicone stabilisers, Tegoamin catalysts, Gorapur release agents and Ortegol products.
The rises take effect immediately, or as contract terms permit,
Evonik said its tin-based catalysts (Kosmos) will be dealt with separately.
According to Evonik, it has "worked diligently and will continue working to offset continuously rising raw material, energy, labour and transport costs." However, the company added, "it is not possible to absorb all of these rising costs. Evonik will increase polyurethane additive prices in order to continue to meet the needs of our customers in the future."