allnex announces price increase on Phenolic Resins
Shanghai, Jan 18th, 2017- Effective February 1st, 2017, allnex is raising the prices of 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 thank you for your understanding and valuable support.