Industry News

Degussa will Increase Prices for Performance Silica by 75 EUR/metric ton by October 1st, 2004

Published on 2004-09-09. Author : SpecialChem

The Advanced Fillers & Pigments business unit will increase its prices for Performance Silica by 75 EUR/ton on October 1st, 2004. Costs for raw material, energy, human resources and freight have increased to such an extent that Degussa is no longer in a position to absorb those, despite of an intensive cost management and a higher efficiency in its production processes.

The Advanced Fillers & Pigments business unit operates 30 plants in 18 countries and is the only one manufacturing and supplying carbon black (rubber and pigment black), performance silica, and rubber silanes from one single source. As a specialist in surface chemistry and physics, it focuses on the production and application of carbon black, performance silica, matting agents, functional organosilanes, and blue pigments.

Degussa is a multinational corporation consistently aligned to highly profitable specialty chemistry. In fiscal 2003, its 47,000 employees generated sales of € 11.4 billion and operating profits (EBIT) of € 878 million, making it Germany's third-largest chemical company and the global market leader in specialty chemicals. Innovative products and system solutions enable Degussa to play a valuable and indispensable role in the success of its customers, as summed up by our claim "creating essentials".

Source: Degussa

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