The increase will range from $0.05/lb to $0.08/lb and will be effective for shipments as of November 1, 2016, or as contracts allow.
Allnex announced today that due to the rapid increase in raw material costs, costs must be increased across the entire portfolio of Powder Coating Resins CRYLCOAT© products sold in the Americas. The increase will range from $0.05/lb to $0.08/lb and will be effective for shipments as of November 1, 2016, or as contracts allow.
We wish to thank all our customers for their valued business and know that they will understand the necessity for this price increase.