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Cytec, Dow Chemical, Reichhold, Arkema and Momentive Announce Increase in Resin Price

Published on 2010-10-22. Author : SpecialChem

The Leading Companies Cytec, Dow Chemical, Reichhold, Arkema and Momentive 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 and Africa. Cytec Industries CYMEL® and CYREZ® Amino Crosslinking Resins EUR 0.10/kg and EUR 0.15/kg, depending on the gradeNovember 1
Globally Cytec Industries AEROSOL® Surfactant and CYLINK® Specialty Monomer Products 3.0 to 5.5% depending on formulationsNovember 15
European, Middle Eastern, and African regions Dow Chemical Company Low-density Polyethylene and High-density polyethylene 70 Euros per metric tonNovember 1
North America Reichhold, Inc. Unsaturated Polyester and Vinyl Ester Resins $0.04 per pound November 8
Europe Arkema Kynar® fluoropolymers 30 percent December 1 2010
North America Momentive Specialty Chemicals Inc. Unsaturated Polyester Resins 4 cents per pound November 8
North America Momentive Specialty Chemicals Inc. Vinyl Ester Resin 8 cents per pound November 8
Table 1: Price Increase Announcement by Leading Companies

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

Sources: Specialchem Editorial Team
Taken from Cytec, Hexion, Arkema, Dow Chemical and Reichhold Websites


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