Effective July 1, 2018, or as existing contracts permit
Effective July 1, 2018, or as existing contracts permit, allnex will implement a price increase on our Liquid Resins and Additives products due to raw material supply/demand imbalances, raw material cost increases and increased freight costs.
As we expect these dynamics to continue for the foreseeable future, allnex will implement an increase of up to $0.07/lb. on the allnex Liquid Resins and Additives (LRA) portfolio, including but not limited to the following product groups:
|
Product Group
|
Product Names
|
Increase (USD/lb.)
|
|
Solventborne Acrylics
|
Setalux
|
0.07
|
|
G-Cure
|
0.07
|
|
Macrynal
|
0.07
|
|
Solventborne Polyesters
|
Setal
|
0.05
|
|
Duroftal
|
0.05
|
|
Waterborne Acrylics
|
Ucecryl
|
0.04
|
|
Viacryl
|
0.04
|
|
Setaqua
|
0.04
|
|
Sag Control Agents (SCA)
|
Setal
|
0.07
|
|
Setalux
|
0.07
|
|
Additives and PC Defoamers
|
Modaflow
|
0.07
|
|
PC-
|
0.07
|
Due to escalating costs associated with securing truck carrier capacity, allnex will increase Freight Adders for shipments in the U.S. and Canada. The freight adder for allnex-arranged truck orders will increase up to $0.02/lb. Freight collect shipments will be exempt from the freight adder increase.
allnex thanks you for your valued business, and remains committed to servicing and delivering value to you. Please contact your allnex Account Manager if you have any questions.
