Press release
Catalysts
June 3, 2022

Evonik’s Catalyst business line will be implementing a price increase to cope with globally growing cost escalation

The unprecedented surge in prices for energy, raw materials, supply chain & logistics requires that our Catalyst Business Line adjust prices accordingly.

Up until now we have been able to shoulder these cost increases quite well, but now they have reached a level now that cannot be compensated by improved efficiency of processes only. The prices will be adjusted as required and across the whole portfolio of products and services. Customers will be informed of the specific price increases by their respective business managers.

Evonik Catalysts is committed to keeping a superior level of service and customer support to help our partners growing their business.

Please contact your business representative for specific details.

Company information

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.38 billion in 2021. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. About 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

Disclaimer

In so far as forecasts or expectations are expressed in this press release or where our statements concern the future, these forecasts, expectations or statements may involve known or unknown risks and uncertainties. Actual results or developments may vary, depending on changes in the operating environment. Neither Evonik Industries AG nor its group companies assume an obligation to update the forecasts, expectations or statements contained in this release.