Evonik announces price increase

06/01/2010

Evonik Industries’ Household Care Business Unit will increase the prices effective July 1st, 2010. As far as existing contract terms allow, the price of all products marketed in Europe will go up in a range of 10%.

This step is unavoidable due to some recent price hikes of important raw materials.



Company information
Evonik Industries is the creative industrial group from Germany which operates in three business areas: Chemicals, Energy and Real Estate. Evonik is a global leader in specialty chemicals, an expert in power generation from hard coal and renewable energies, and one of the largest private residential real estate companies in Germany. Our strengths are creativity, specialization, continuous self-renewal, and reliability. Evonik is active in over 100 countries around the world with production sites in 28 countries. In its fiscal year 2009 more than 39,000 employees generated sales of about Euro 13.1 billion and an operational cash flow (EBITDA) of over Euro 2.0 billion.

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.