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Cray Valley Coatings Resins is Announcing a Price Increase

Published on 2005-09-16. Author : SpecialChem

Cray Valley Coatings resins is announcing a price increase for all its solvent-borne resins of 5 to 8% effective October 1, 2005 or as contracts allow.

The need for this price increase is due to higher raw material costs and escalating energy costs since the beginning of this year.

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 1.7 billion euros and nearly 3,800 employees worldwide (2004).

Source: Cray Valley

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