Dear Valued Customer,
Due to the circumstances we all know, we have been hit by increases of our raw materials as well as our energy costs and we expect them to go further up. Consequently, allnex has no choice but to pass on these very high and steep increases. Allnex will increase the price of its solid polyester resins for powder coatings in Europe, Middle East and Africa.
As you know, situation changes by the day and the magnitude of the increase might still go up. For the time being, as of 10th March, the impact is assessed to be up to 0.35 EUR/kg but might go up further as we get closer to the month end. Increases will be effective for all shipments made as of 1st April 2022, or as contracts allow.
allnex is committed to servicing and delivering value to its customers. We thank you for your understanding and your sales manager will contact you for more details.
Kind regards,
Jean-Marc Bertens
Business Director Powder Coating Resins
