The following letter was issued to all CYRO Monomer customers on September 15, 2008.
Effective with shipments on or after October 1, 2008, Evonik Cyro LLC will increase the selling price for Methacrylate Monomers per the following price schedule. This price increase will only apply to off list prices. The TVA may be lifted at any time pending unforeseen price movements in feedstocks and other associated direct costs.
To our Contract Customers, this letter will serve as notice under the specific terms and conditions of the contract.
Your respective Business Segment Manager will contact you in the very near future to answer any questions you may have regarding this matter.
As always, we thank you for your valued business and the confidence you place in Evonik CYRO LLC for your Methacrylate Monomer requirements.
Product Group Increase ($/lb.) TVA Net Increase ($/lb)
Methyl Methacrylate (MMA) 0.19 0.10 0.09
Methacrylic Acid (GMAA) 0.21 0.10 0.11
N-Butyl Methacrylate (nBMA) 0.23 0.10 0.13
I-Butyl Methacrylate (iBMA) 0.23 0.10 0.13
2-EthylHexyl Methacrylate(2-EHMA) 0.23 0.10 0.13
Hydroxyesters:
Hydroxy Methacrylates 0.25 0.10 0.15
Specialty Monomers: (All) 0.21 0.10 0.11
Sincerely,
Charles E. Walby
Director Sales & Marketing, NAFTA
Bulk & Performance Monomers