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Cray Valley Coatings Europe Announces Price Increase

Published on 2006-04-26. Author : SpecialChem

Cray Valley Coatings Europe is announcing a price increase for its alkyd and polyester resins of 8 to 10% effective May 19th, 2006 or as contracts allow.

The need for this price increase is due to higher raw materials costs in the last 6 months, with a further strong trend of continuous rising.

Part of Total's Chemicals branch, the group formed by CRAY VALLEY, COOK COMPOSITES & POLYMERS and SARTOMER is the second largest resins manufacturer in the world, with sales of 2 billion euros and about 4,000 employees worldwide (2005).

Source: Cray Valley Coatings

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