Munich, Germany — Wacker Silicones is boosting prices worldwide for its silicone products by 10 percent or more on Oct. 1.
The Wacker Chemie AG unit said raw material, energy and logistics cost increases are behind the action. The price hikes depend on the product family and business field, and in some markets, will rise beyond 10 percent, the company said.
From Rubber & Plastics News (A Crain publication)
Press release from Wacker Chemie