Evonik increases price for VESTOWAX
Evonik Industries' Coatings & Additives Business Unit announces a price increase for all Fischer-Tropsch and polyethylene waxes marketed under the trade name of VESTOWAX® in Europe and the Middle East. The price rise will take effect from February 1, 2010 and will be between 6 and 8%, depending on the VESTOWAX® grade. This increase does not affect current price agreements and contracts with validity for 2010. The increase affects all Fischer-Tropsch and polyethylene hard paraffins and Fischer-Tropsch and polyethylene oxidates.
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