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Industry News

Bayer MaterialScience and Cytec Industries Announce Price Increase

Published on 2010-11-12. Author : SpecialChem

The Leading Companies Bayer and Cytec Industries have decided to increase the price of some of their products, as listed in the table below. This price increase is necessary to support continued investment in reliable supply.

Country

Company

Product Name

Price Increase

Date

Europe, Middle East, Africa (EMEA) Bayer MaterialScience AG aliphatic isocyanates 8% 1 December, 2010
Asia-Pacific Cytec Industries CYMEL™ and CYREZ™ US$0.10/kg to US$0.15/kg 1st December 2010, or as contracts allow
Price Increase Announcement by Leading Companies

This action is driven by the increase of raw materials, packaging and freight costs.

Written By : Specialchem Editorial Team
Based on information displayed on Bayer and Cytec Industries


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