Price Increase on Amino and Phenolic Resins
Effective Sept 7th, 2017, allnex will increase the prices on our portfolio of Crosslinking resins in the Americas region due to significant increases in transportation and raw materials, specifically melamine, methanol, formaldehyde, and oxo-alcohols. This announcement covers all products sold under the Aerotex®, Cycat®, Cymel®, Cyrez®, Etermino®, Phenodur®, and Setamine® trademarks.
Depending on the grade and the product family, both list and off-list prices will be increased up to $0.06/lb. The announced changes will be applicable on all shipments as of September 21st, 2017, or as contracts permit.
allnex thanks you for your valued business, and remains committed to servicing and delivering value to our customers. Please contact your allnex Account Manager if you have any questions.