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Evonik Raises Prices On Two Brand Name Products

Costs are set to go up immediately, the company announced Thursday.

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By: Anthony Locicero

Copy Editor, New York Post, Rodman Media

Evonik’s prices for its aliphatic diisocyanates and derivatives – known by the brand names VESTANAT® and VESTAGON® – are set to immediately increase by as much as 10 percent on a global basis, the company announced Thursday.

All existing contracts will be honored, according to Evonik. 

In a press release, the company noted the price increase “has become unavoidable to compensate higher costs for personnel, maintenance, regulatory affairs and logistics.”

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