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Eliokem announces worldwide price increase of up to 10% for all its coatings resins effective January 1st, 2008

Published on 2007-12-11. Author : SpecialChem

Villejust, France -- Eliokem announces a worldwide price increase across the range of all its coatings resins, Pliolite®, Plioway®, Hydro Pliolite® and Pliotec®. The price increase of up to 10% will come into effect on January 1st, 2008. Despite productivity enhancement and cost savings initiatives, this price increase had to be implemented to partially offset the rise in energy, raw materials and freight costs combined with quality requirements and innovation in R&D. The price increase was made necessary to enable us to keep on providing our customers with top quality products and the best service standards.

Eliokem, a leading Specialty Chemical company

Eliokem is a specialty chemical group with headquarters in Villejust (near Paris) France. The group employs more than 460 people around the world and owns 3 production facilities located at Le Havre (France), Akron (Ohio, USA) and Ningbo (China), as well as 6 representative offices in Europe, Asia and The Americas, and a network of 75 distributors and agents strategically located around the world. The company has leading positions in a broad range of niche applications with the following trademarks and associated product lines:

  • Pliolite , Plioway , Pliotec and Hydro Pliolite®: resins used in decorative paints.
  • Pliotone : Electrographic: toners.
  • Pliocord and Chemigum : latex used in the treatment of reinforcing fabrics, joints and gloves.
  • Chemigum and Sunigum : elastomeric modifiers for plastics.
  • Wingstay : non-staining antioxidants used in natural latex articles and in carpet backing.

Source: Eliokem

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