MOSCOW (MRC) -- Wacker Polymers is raising its prices for vinyl-acetate-ethylene-based copolymer dispersions, dispersible polymer powders and solid resins of its VINNAPAS, VINNOL, ETONIS, VINNACEL and SMARGO brands worldwide, as per the company's press release.
Effective July 1, 2018, prices will be raised by up to ten percent, or as customer contracts allow. Rapidly rising raw-material costs, especially for acetic acid and vinyl acetate monomer (VAM) - two indispensable raw materials for the manufacturing of Wacker’s vinyl acetate-ethylene copolymer dispersions, dispersible polymer powders and solid resins - are the reason for this measure.
The price adjustment enables Wacker Polymers’ continued security of supply, technological innovation and comprehensive technical, sales and customer support services.
Wacker’s dispersions and dispersible polymer powders are applied in a broad variety of industries, ranging from adhesives, construction, caulks, nonwovens, paints and coatings to paper, carpet and textiles.
As MRC wrote before, Wacker Chemie AG is expanding its existing production plants for dispersions and dispersible polymer powders in South Korea. The Group is building a new spray dryer for dispersible polymer powders at its Ulsan site, which will have a total capacity of 80,000 metric tons per year. The Munich-based chemicals company is also constructing an additional reactor for dispersions based on vinyl acetate-ethylene copolymer (EVA), which are needed as the raw material for the spray dryer to produce dispersible polymer powders.
Wacker Chemie AG is a worldwide operating company in the chemical business, founded 1914. The company is controlled by the Wacker-family holding more than 50 percent of the shares. The corporation is operating more than 25 production sites in Europe, Asia, and the Americas. The product range includes silicone rubbers, polymer products like ethylene vinyl acetate redispersible polymer powder, chemical materials, polysilicon and wafers for semiconductor industry.
MRC