MOSCOW (MRC) -- Arkema, a France-based chemical manufacturer, will increase by 6% the prices of its Plastistrength processing aids sold in Europe from 1 June 2014, or as soon as contracts allow, as per the company's press release.
This increase is dictated mainly by the increase of raw materials.
Plastistrength pprocessing aids help the processing of PVC by promoting fusion, improving melt strength, eliminating surface defects and decreasing plate out. They also enhance formulation metal release properties in extrusion and calendering applications while offering improved cost performance versus traditional lubricant packages.
As MRC informed previously, Arkema announced a further price increase of EUR100/tonne on its whole Evatane EVA range, high content ethylene vinyl acetate (EVA) copolymer effective from 1 May or as contracts allow. As the world wide shortage on vinyl acetate monomer continues, Arkema is doing its upmost to minimize impact on the Evatane availability.
Arkema with annual revenue of EUR6.4 billion is a leading European supplier of chlorochemicals and PVC. Kynar and Kynar Flex are registered trademarks of Arkema Inc.
MRC