allnex Announces Global Price Increase on its Phenolic Resins Product Portfolio

Brussels, January 11, 2017 - allnex announced today a price increase for all phenolic resins on a global basis, in order to compensate increases of key raw material prices. Depending on the grade and the product family, the price for the PHENODUR® products will be increased up to 0.15 €/kg and up to 0.20 €/kg for all other phenolic resins. 

The increase will be applicable on all shipments as of February 1st, 2017, or as contracts allow. 

Allnex remains committed to servicing and delivering value to its customers. We wish to thank our customers for their valued business.