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resin giant Allnex announced that from April 15, 2017, the company will implement price increases based on the development of all amino cross-linked resins in Greater China. Product lines covered by this announcement include Cymel, Setamine, Etermino, Cyrez and Mycoat.
pricewill will rise to $0.15/kg, depending on the grade and product range. The announced changes will apply to all goods as of April 15, 2017, or as permitted by the contract. This increase is necessary to compensate for the increase in the cost of key raw materials such as methanol.On March 29,
, Allnex announced that it was raising the price of all phenolic resins worldwide to compensate for the continued sharp increase in the prices of major raw materials.
the price will be increased to EUR 0.12/kg depending on the grade and product range. Depending on the situation, deviation may be possible. This increase will apply to all goods as of April 15, 2017, or as permitted by the contract.
Reporters noted that Zhanxin has repeatedly announced increases in resin prices in 2017. On March 24, Allnex announced that from 15 April 2017, the company will implement price increases based on the development of all amino cross-linked resins in Europe, the Middle East and Africa. The price will rise to EUR 0.15/kg, which is necessary to compensate for the increase in key raw materials such as methanol.
March 16, Allnex announced to its customers that the prices of EBECRYL and UCECOAT series of radiation-cured coating resins in Europe, the Middle East and Africa will rise between EUR 0.12 and EUR 0.25/kg, effective 1 April 2017, or as permitted by the contract. These price increases are due to the recent increase in the cost of some raw materials.
March 20, Allnex announced that it had been forced to raise the price of liquid resins and additives it sells in Europe, the Middle East and Africa because of rising raw material costs, tight supplies and rising raw material prices. The price increase is between EUR 0.05/kg and EUR 035/kg. All adjustments to the goods will take effect on 3 April 2017, or as permitted by the terms of the contract.
