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Reichhold, Cytec and Eastman Announce Increase in Resin Price

Published on 2010-11-05. Author : SpecialChem

The Leading Companies Reichhold, Cytec Industries and Eastman Chemical Company 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

North America Reichhold, Inc. solvent based alkyds and modified alkyds $0.05 per pound November 15th, 2010
North America Reichhold, Inc. 100% solids alkyds $0.07 per pound November 15th, 2010
North America Reichhold, Inc. uralkyds and oil modified urethanes $0.04 per pound November 15th, 2010
Asia Pacific Cytec Industries CRYLCOAT™ and ADDITOL™ polyester resins US$0.15/kg to US$0.20/kg depending on gradeImmediately or as contracts allow.
Globally Eastman Chemical Company Rosin Resin 0.30 $/lb, 0.66 $/kg, 0.45 €/kg December 1
Globally Eastman Chemical Company Resin Dispersions 0.15 $/lb 0.35 $/kg 0.25 €/kg December 1
Table 1: 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 Reichhold, Cytec and Eastman Chemical Company


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