allnex Americas Acrylic resins price increase
Effective March 1, 2018, allnex is increasing the prices of Solventborne and Waterborne Acrylic resins, specialty resins, and additives in the Americas region.
The price increase is necessary to compensate the continued rise of key raw material prices driven by tight supply and high feedstock prices of acrylates and specialty solvents.
Depending on the grade the price will be increased between $0,05/lb. and $0,25/lb. on Acrylic resins in the allnex Liquid Resins and Additives (LRA) portfolio, including but not limited to the following trade names – Setalux®, Macrynal®, G-Cure®, Ucecryl®, Viacryl®, Setaqua®, Modaflow® and PC-defoamers. The increase will be applicable on all shipments from March 1, 2018 or as contracts allow.
allnex is committed to servicing and delivering value to customers and will continue to do everything possible to control costs during this time of raw material cost escalation. We wish to thank our customers for their valued business. Your local sales manager will be in contact soon to discuss details related to this necessary price increase.