MOSCOW (MRC) -- Wacker Polymers is to raise its prices for dispersions in Europe, the Middle East and Africa (EMEA), as well as in Asia, as per the company's statement.
Effective March 1, 2014, prices for VINNAPAS vinyl acetate-ethylene (EVA) and VINNOL ethylene-vinyl chloride-based (EVCL) copolymer dispersions in EMEA will be increased by up to EUR30/tonne, or as customer contracts allow.
In Asia, prices for VINNAPAS EVA copolymer dispersions will be raised by up to 5% per kilogram, or as allowed by individual contract terms. This measure has been necessitated by the continued increase in raw-material cost.
As MRC wrote before, in February 2013, Wacker Chemie AG officially launched its new production plant for EVA dispersions at its Ulsan site in South Korea. The additional 40,000 tonnes from the second reactor line increased the site's EVA-dispersion capacity to a total of 90,000 tonnes per year. Thus, the production capacity of the site almost doubled, making the plant complex one of the biggest of its kind in South Korea.
Dispersions of the VINNAPAS and VINNOL brand are applied in a broad variety of industries, ranging from adhesives, construction, nonwovens, paints and coatings to paper, carpet and textiles.
Wacker Polymers is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints, surface coatings, adhesives and nonwovens, and 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.
MRC