WACKER POLYMERS is to raise its prices for vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS and VINNOL brand in the regions Americas and Greater China. As customer contracts allow, effective August 1, 2014, prices will be raised by 0.03 USD per pound in the Americas.
In Greater China, prices will increase by 300 CNY per ton. In Europe, the temporary surcharge of 140 EUR per ton for vinyl acetate-based homopolymer dispersions as well as for vinyl acetate-ethylene and ethylene-vinyl chloridebased copolymer dispersions implemented on May 1, 2014, will persist, as customer contracts allow, until further notice.
This measure has been necessitated mainly by the continued high levels in raw-material cost, especially for vinyl acetate monomer (VAM), a crucial raw material for the manufacturing of WACKER’s dispersions.
The price adjustment enables WACKER POLYMERS to continue providing customers a wide-range of innovative quality products and comprehensive technical, sales and customer support services.
Dispersions of the VINNAPAS and VINNOL brand are applied in a broad variety of industries, ranging from adhesives, construction, nonwovens, paints and coatings to paper, carpet and textiles.
About WACKER POLYMERS
WACKER POLYMERS is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints, surface coatings, adhesives and nonwovens, and in fiber composites and polymeric materials based on renewable resources.
WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technology centers in all major regions.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=165894
