Allnex Announces Price Increase on its Amino Crosslinking Resins in Europe, Middle East and Africa

Brussels – 10th January, 2014 – Allnex announced today to its customers that due to the increase in raw material costs, it is raising the prices of its amino crosslinking resins in Europe, Middle East and Africa.

Depending on the grade and the product family, the price will be increased up to 0.10 €/kg.

The increase will be applicable on all shipments as of 1st February 2014, or as contracts allow.

Allnex remains commited 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.

About Allnex – www.allnex.com - A global company with $1.5 billion in sales, Allnex is a leading supplier of resins for architectural, industrial, OEM and special purpose coatings. We are recognized as a specialty chemicals pioneer and known for our professionalism and for offering the broadest portfolio of high quality, innovative liquid resins and additives, radiation cured and powder coating resins, and crosslinkers for use on wood, metal, plastic, and other surfaces. With manufacturing facilities and research and technology support centers located throughout the world, we also provide responsive, local support to our customers, helping them to rapidly bring advanced coating solutions to the market.

©2014 Allnex Belgium SA/NV. All Rights Reserved.

Contact:
Jasmin Bisch (Marketing Communications)
+32 (0)2 560 465