Price increase of Arkema’s PVC additives
With immediate effect or as soon as contracts allow, Arkema will increase the prices of its Durastrength® acrylic impact modifiers and its Plastistrength® processing aids. Increases will range typically from 5% to 10%, depending on grades and current prices and are dictated by recent movements on main raw materials.
Arkema also plans to streamline its product line over 2015 to reduce complexity for customers and for Arkema. In this view, Arkema Sales and technical organization will contact customers directly regarding specific initiatives affected by these actions.
“These actions are critical to supporting reinvestment economics in a market characterized by its volatility, its competitiveness and constant need for innovation”, said Stéphane Guinot, Arkema Plastic Additives Business Director. “We remain steadfast in our drive to improve service levels, accelerate productivity gains and maintain our innovation pace that benefit our customers.”
Other news from the department price development
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