Industry News

Akzo Nobel Resins Announces Price Increase for Coating Resins Sold in North America

Published on 2004-11-19. Author : SpecialChem

Akzo Nobel Resins, Louisville KY, announced a price increase for all Coating Resins sold in North America, to be effective January 10, 2005. The increase will be approximately 5% and will affect all product lines.

This increase is the result of continued pressure for all major resin raw materials, especially styrene and acrylic monomers. Global supply issues and persistently high pricing for crude oil and natural gas derivatives continue to perpetuate high raw material costs and shortages.

Akzo Nobel Resins will continue to do everything possible to maintain supply and control costs to its customer base through these very difficult times.

Source: Akzo Nobel Resins

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