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Wacker to increase prices of dispersions in North America

September 30/2020

MOSCOW (MRC) -- Wacker Polymers is to raise prices for vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS« and VINNOL« brands in North America, said the company.

As customer contracts allow, effective October 16, 2020, prices will be raised by up to 10 percent. This measure has been necessitated by the increase in logistic and raw material market costs.

The price adjustment enables Wacker Polymers to continue providing customers with a wide range of innovative quality products and comprehensive technical, sales and customer support services, along with supporting investment to secure the capability for future growth across our focus markets.

Dispersions of the VINNAPAS« and VINNOL« brand are applied in a broad variety of industries, ranging from adhesives, caulks, non-wovens, paints and coatings to paper, carpet and textiles.

According to MRC's DataScope report, last month"s SPVC imports to Russia dropped to 7,400 tonnes from 10,900 tonnes in July. The increased supply from domestic producers and high prices in foreign markets were the main reasons for lower imports. Thus, overall imports were 32,000 tonnes in January-August 2020, compared to 36,900 tonnes a year earlier, with resin from China and the United States accounting for the main decreased in imports.

Wacker Polymers is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers and terpolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints and surface coatings, adhesives, sealants, carpet applications and nonwovens, as well as in fiber composites and polymeric materials based on renewable resources. WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technology centers in all major regions.
Author:Anna Larionova
Tags:PVC, PVH, EPVC, PVC paste, SPVC, Wacker, Wacker Chemie.
Category:General News
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