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Evonik to increase prices for organics, silicones

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By: Greg Hrinya

Editor, Label & Narrow Web

Evonik to increase prices for organics, silicones
Evonik Goldschmidt Corporation’s Industrial Specialties and Household Care business lines have increased prices for products marketed in North America.
Silicone surfactants and specialty silicone additives will increase up to $0.24/lb depending on the product. Organic products including quaternary compounds, surfactants, amine derivatives and specialty organic additives will increase up to $0.29/lb depending on the product. Select products will be subject to higher increases.
Rising raw materials, energy, and transportation costs were cited as the major reasons for the increase.

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