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    Home > Coatings News > Paints and Coatings Market > Global coating resin, titanium dioxide and other raw materials have increased prices.

    Global coating resin, titanium dioxide and other raw materials have increased prices.

    • Last Update: 2020-08-26
    • Source: Internet
    • Author: User
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    On January 4, 2017, DSM
    Coatings
    Resin Company (DSM) announced that its Ualac ® series polyester
    powder coatings
    resins will be expected from January 15, 2017 (or by The contract allows for price increases in the Middle East and Africa region, with price increases of $0.16 to $0.35 per kilogram depending on the product variety, although price increases fall in the Middle East and Africa markets, but may be a matter of supply, so the company's explanation for the price increase is "due to the increase in raw material costs in the Asia-Pacific region". On the same day, DSM also announced that the Uureac® series of polyester powder coating resins will increase prices in Europe by EUR 0.05 to EUR 0.12/kg from 15 January 2017 (or as permitted by contract), which the company directly attributed to the increase in raw material costs.
    and Arkema, France, also announced that, as of February 1, 2017 (or as permitted by existing contracts), price increases will be imposed on products produced by its Sartomer business unit in Europe, including C products sold in Europe, the Middle East and Africa. Olesters and methyl acrylate monos and ions, depending on the product range, ranged from EUR 100 to EUR 300/tonne, and the company attributed the decision to an increase in raw materials and a significant increase in REACH registration costs since March 2016.
    Previously, Akoma has increased its solvent-based and water-based resin products in Europe, the Middle East and Africa by EUR 50 to EUR 150/tonne since January 1, 2017, covering products including ENCOR®polymers and copolymers, SYNOLAC® solvent-based alcoholic acid resins, modified alcohol resins and polyester, SYNN OCURE®acrylic polyols, SYNOCRYL® thermostic and thermoplastic acrylic resins, GELKYD® solvent-based resins, SUPERGELYKYD® solvent-based resins, UNITHANE® Polyurethane acid resins and oils, SYNAQUA®olic acid emulsions and water dilutable resins, etc.
    at the same time, since 1 January 2017, Akoma has implemented price increases for all grade acrylic monos sold in the European market, including a 100 euro/tonne increase in acrylic prices, a 110 euro/tonne increase in acrylic prices, a 120 euro/tonne increase in acrylic prices, and a 140 euro/ton increase in acrylic butyl and acrylic isobutyl esters. It also increased ® 100 euros per ® of its Evatane® Lotryl and Lotader brand resin products.
    On January 4, 2017, Allnex, the world's largest manufacturer of professional coating resins, announced a price increase for the company's line of liquid resins and additives sold in Europe, the Middle East and Africa as of February 1, 2017 (or as permitted by the terms of the contract), with a uniform price increase of EUR 0.15/kg for all products, which the company interprets as "due to the continued increase in raw material costs".
    addition, Zhanxin has decided to increase the price of VIAPAL® unsaturated polyester resins, rubber coats and pigment slurry products by EUR 0.15/kg in Europe, the Middle East and Africa from 15 January 2017. As of January 1, 2017, Zhanxin has been in Europe, the Middle East and Africa for its CRYLCOAT®,®® SETAPOLL® YNTHACRYL® BECKOPOX® and UVECOAT® series of powder coatings with polyester and additives increased by 0.08 to 0.12 eur/kg. During the same period, the company also in the Americas to its CRYLCAT ® powder coating resin full line price increase of 0.04 to 0.07 U.S. dollars / pound.
    Chemours, the world's largest producer of
    titanium dioxide
    pigments, has previously announced that it will increase the price of titanium dioxide products sold in Latin America, the Middle East, Eastern Europe and sub-Saharan Africa by $150 a tonne from February 1, 2017, compared with a 175 euro/tonne increase in Western and Central Europe, Turkey and North Africa.
    Reichhold corporation announces a price increase of $0.06/lb for all TDI-containing asterisk resin products sold in the U.S. and Canada coatings industry, and this decision is valid for all orders shipped on or after January 12, 2017. Julie Fuell, the company's north American head of coatings sales, said: "TDI's global planned and unplanned supply shortage has led to a surge in TDI prices, so the company has been unable to raise prices." In fact, the TDI price crisis has subsided for most of the time, Costro announced at the end of December that MDI and TDI will return to normal production.
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