allnex announces price increase on Amino Resins in Asia

Shanghai, Jan 18th, 2017- allnex annoucnes today a price increase based on raw material developments on all amino crosslinking resins in Asia. Announcements for Amino resin sales in China will be addresses via a separate announcement.

Depending on the grade and the product family, the price will be increased up to 0.15$/kg.

The announced changes will be applicable on all shipments as of February 1st, 2017, or as contracts allow. This price increase is necessary to compensate for the increase of methanol and other key raw materials. allnex remains committed to servicing and delivering value to its customers.

allnex wish to thank our customers for their valued business and thank them in advance for their understanding.