allnex announces price increase in powder coating resins

Brussels, 9 December 2016 - The allnex group announced today to its customers that prices for its CRYLCOAT®, SETAPOLL®, ADDITOL®, MODAFLOW®, SYNTHACRYL®, BECKOPOX ® and UVECOAT® ranges of Polyester and Additives for Powder Coatings will be increased in Europe, Middle East and Africa ranging between 0.08 and 0.12 €/kg effective January 1st, 2017 or as contracts allow. These price increases are due to recently raised cost of certain raw materials.

allnex is committed to servicing and delivering value to its customers.  We wish to thank our customers for their valued business and thank them in advance for their understanding.