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Elotex Raises Prices in U.S. on Construction Products

Published on 2006-01-30. Author : SpecialChem

BRIDGEWATER, N.J. -- The Elotex business unit of National Starch and Chemical Company has announced a price increase on all its redispersible powders and specialty additives sold into the U.S. construction industry, effective immediately, or as contracts allow.

Prices will increase by 7 to 12 percent, depending upon product, and will affect all ELOTEX(R) redispersible polymer powders and ELOSET(R) rheology modifiers sold into the building market.

This price increase is the result of the continuing, unprecedented rise in raw material, energy and transportation costs, according to Elotex officials.

Elotex is a unit of National Starch and Chemical Company, which had sales of $3.3 billion in 2004. National Starch, a worldwide manufacturer of adhesives, specialty polymers, electronic materials and natural polymers, is headquartered in Bridgewater, N.J., and is a member of the ICI Group.

Source: National Starch and Chemical Company


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