MOSCOW (MRC) -- Wacker Polymers, a division of Wacker Chemie AG, is to raise its prices for vinyl acetate-ethylene (EVA) and ethylene-vinyl chloride-based (EVCL) copolymer dispersions of the VINNAPAS and VINNOL brand in the regions Americas and Greater China, reported the company on its site.
As customer contracts allow, effective August 1, 2014, prices will be raised by USD0.03 per pound in the Americas. In Greater China, prices will increase by CNY300 per ton.
In Europe, the temporary surcharge of EUR140 per ton for vinyl acetate-based homopolymer dispersions as well as for vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions implemented on May 1, 2014, will persist, as customer contracts allow, until further notice.
This measure has been necessitated mainly by the continued high levels in raw-material cost, especially for vinyl acetate monomer (VAM), a crucial raw material for the manufacturing of Wacker’s dispersions.
The price adjustment enables Wacker Polymers to continue providing customers a wide-range of innovative quality products and comprehensive technical, sales and customer support services.
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.
As MRC wrote previously, Wacker Polymers increased its prices for VINNAPAS EVA and VINNOL EVCL copolymer dispersions in Europe, the Middle East and Africa (EMEA), effective April 1, 2014, Wacker implemented a price increase of up to EUR70 per ton. This measure has been necessitated by the continued increase in raw-material cost.
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