Arkema Coating Resins Announces Price Increase for Latex Products Sold in North America
Effective January 28, 2014, or as contracts allow, Arkema Coating Resins will increase pricing on all latex products sold in North America.
Encor® and SNAP® acrylic, styrene-acrylic and styrene-butadiene latexes and Neocar® Acrylic latexes will increase by $0.05 to $0.10 per wet pound. Celocor® opaque polymer will increase by $0.04 per wet pound. Encor® vinyl-acrylic, vinyl acetate-ethylene, vinyl acetate homopolymer and Neocar® latexes will increase by $0.02 to $0.03 per wet pound. Encor® styrene-acrylic hard resins will increase by $0.05 to $0.10 per pound.
This action is necessary due to escalation in the cost of raw materials and transportation for these products.
Customers should contact their Arkema Coating Resins account representative for additional details.
A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema should generate annual revenue of approximately €6.5 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.
Encor®, Celocor®, Neocar® and SNAP® are registered trademarks of Arkema Inc.