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Evonik announces price increases

Company raises price on both GuanAMINO and MetAMINO.

Evonik recently announced net price increase of up to 15% on GuanAMINO (guanidinoacetic acid) globally, effective immediately.

In September, the company also announced a global net price increase of up to 8% on MetAMINO (DL-Methionine 99%, feed grade). At the time, the company said all existing contracts and supply agreements would be honored.

Evonik is one of the world leaders in specialty chemicals and employs approximately 33,000 people. The company is active in more than 100 countries around the world and generated sales of €12.2 billion and an operating profit (adjusted EBITDA) of €1.91 billion in 2020. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers.

 

TAGS: Business
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