Evonik's Health Care business line to increase prices by up to 45% across portfolio of products, technologies and services for pharmaceutical, nutraceutical and medical device markets; price increase is effective April 1, 2022

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ESSEN, Germany , March 18, 2022 (press release) –

Effective April 1, 2022, Evonik’s Health Care business line will be implementing a price increase of up to 45 percent across the portfolio of products, technologies, and services for pharmaceutical, nutraceutical and medical device markets.

Evonik Health Care is committed to keeping a superior level of service and customer support.

Please contact your sales representative for specific details.

Company information

Evonik is one of the world leaders in specialty chemicals. The company is active in more than 100 countries around the world and generated sales of €15 billion and an operating profit (adjusted EBITDA) of €2.38 billion in 2021. Evonik goes far beyond chemistry to create innovative, profitable and sustainable solutions for customers. About 33,000 employees work together for a common purpose: We want to improve life today and tomorrow.

About Nutrition & Care

The focus of the business of the Nutrition & Care division is on health and quality of life. It develops differentiated solutions for active pharmaceutical ingredients, medical devices, nutrition for humans and animals, personal care, cosmetics, and household cleaning. In these resilient end markets, the division generated sales of €3.56 billion in 2021 with about 5,300 employees.

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.

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