allnex announces price increase on Powder Coating Resins Products in Asia Pacific Region
Due to the further increase in raw material costs, allnex have to raise the selling price across the entire portfolio of Powder Coating Resins CRYLCOAT®, ADDITOL®, MODAFLOW®, SYNTHACRYL®, BECKOPOX ® and UVECOAT® products sold in the Asia Pacific. The increase will range from $0,17/kg to $0,55/kg and will be effective for shipments as of April 1, 2017, or as contracts allow. This will be additional from Q1-2017 adjustments.
We wish to thank you for your valued business and know that you will understand the necessity for this price increase.