Spolchemie hikes epoxy and alkyd resins €120/t

01 July 2008 14:21  [Source: ICIS news]

PRAGUE (ICIS news)--Spolchemie has raised prices in Europe and the Middle East by €120/tonne ($189/tonne) for its synthetic epoxy and alkyd resins due to a "dramatic increase in feedstock prices and energy and transportation costs", the Czech producer said on Tuesday.

The increases are effective on 1 July or as contract terms allow.

The price increase will be applied on a range of liquid epoxy resins, solid epoxy resins, epoxy blends and solvent borne and waterborne alkyd resins.

Around 70% of last year’s Spolchemie sales came from epoxy products, with around 86% of all production exported.

($1 = €0.63)

For more on epoxy resins visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: Will Conroy
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly