US Bayer MaterialScience raises rates for TPU resins

01 September 2004 17:33  [Source: ICIS news]

HOUSTON (CNI)--Bayer MaterialScience on Wednesday announced a $330.60/tonne (Euro271) price increase for its Texin and Desmopan thermoplastic polyurethanes (TPUs) in North America effective 1 September.

 

The Pittsburgh, Pennsylvania-based company said the price increase is a result of substantially higher costs for raw materials, including crude oil, benzene, and polyols.

 

It said the TPU resins bridge the gap between plastics and rubber, combining the processing efficiencies of thermoplastic resins with the physical properties of elastomers.

 

Bayer Polymers changed its name to Bayer MaterialScience last 1 July.


By: Patrick Crow
+1 713 525 2653



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