Brussels, December 14th, 2020 – allnex announced today that due to the continued increase in raw material costs, driven by increasingly tight supply, the company is forced to raise the price of its Solventborne and Waterborne Resins portfolio sold in Europe, Middle East and Africa.
The price of products in the portfolio will be increased depending on the grade. The adjustment will be effective for all shipments as of January 15th, 2021, or as contract terms permit.
Allnex is committed to servicing and delivering value to customers. We can assure you that we are doing our utmost to secure your needs and limit the impact on your business.We wish to thank our customers for their valued business.