Rohm and Haas Announces Powder Coatings Price Increase
Morton powder coatings, a Rohm and Haas company, announces a 4% price increase on nylon powder coating products and a 3% price increase on all stock products. The nylon increase will take effect on January 1, 2001 and the stock product increase on February 1, 2001 for all non-contract customers.
This increase is in response to rising costs of raw materials in areas, such as epoxy, polyester, nylon resins, pigments and additives. "We are committed to relentless cost control and increased manufacturing productivity to lessen the impact of raw material increases so that we may deliver the best net cost powder coating solutions," said Vanessa Ashman, market analyst and pricing administrator.
Morton Powder Coatings is the largest producer of powder coatings in North America and one of the largest producers worldwide. The company leads the industry in new technology development, applications expertise and customer service. Morton is committed to delivering the highest quality and lowest applied-cost powder finishing solutions to customers throughout the world. Corvel(R), LAMINEER(R), Incote(R), Mor-Temp(R), Mor-Clear(TM) and now, Textra(TM) represent key Morton Powder Coatings trademarks.
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