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Degussa increases prices for their APAO (amorphous poly-alpha-olefins) grades on March 1, 2006

Published on 2006-02-03. Author : SpecialChem

Degussa will increase the prices for its VESTOPLAST grades up to 10% globally, effective March 1, 2006. This adjustment is necessary due to the continuing extremely tense raw material situation. Contrary to expectations there was no significant monomer price reduction in Q1 2006. Additionally energy and logistic costs increased considerably.

With VESTOPLAST Degussa offers a broad range of adhesive raw materials for virtually all applications.

Degussa is the global market leader in specialty chemicals. Our innovative products and system solutions make an indispensable contribution to our customers' success, which we sum up by our claim "creating essentials". In fiscal 2004 Degussa's 45,000 employees worldwide generated sales of 11.2 billion euros and operating profits (EBIT) of 965 million euros.

Source: Degussa

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