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Personal Care Prices Rise 10% at Evonik

Effective for all deliveries as of July 1.

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By: TOM BRANNA

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Evonik Industries announced a price increase of up to 10% for its personal care ingredients business, effective for all deliveries as of July 1, 2011. The price increase is prompted by higher cost of raw materials and feedstocks, as well as regulatory, energy, transportation and packaging cost drivers, according to the company. As far as permissible under existing agreements, the price of all products will increase by up to 10%. According to Evonik, “We make every effort to keep improving ou...

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