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Evonik to increase price for feed-grade L-lysine

Global price for Biolys to increase by 18%.

Evonik announced that it will increase the net price of its Biolys (L-lysine, feed grade 54.6%) worldwide by 18%, on average, with immediate effect. All existing contracts and supply agreements will be honored.

Evonik, based in Essen, Germany, is a global leader in specialty chemicals that is active in more than 100 countries. In fiscal 2018, Evonik had more than 32,000 employees and generated sales of €13.3 billion.

The Nutrition & Care segment is led by Evonik Nutrition & Care GmbH and contributes to fulfilling basic human needs, including applications for everyday consumer goods as well as animal nutrition and health care. This segment had about 8,200 employees and generated sales of around €4.6 billion in 2018.

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