Chemicals company Evonik reports that it has raised the prices for its aliphatic diisocyanates and derivatives.

Prices for its Vestanat and Vestagon products will be raised up to 10% on a global basis with immediate effect, while all existing contracts will be honored.

‘After many years of stable prices the price increase has become unavoidable to compensate higher costs for personnel, maintenance, regulatory affairs and logistics,’ the company said.

This story is reprinted from material from Evonikwith editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.