Effective July 1st, 2017, allnex will implement a price increase based on raw material developmens on all amino crosslinking resins in Asia (exclude Greater China). The product lines covered in this announcement are only Cymel® for Cymel303LF and Melamines grades.
Depending on the grade and the product family, the price will be increased up to 0,05 $/kg. The announced changes will be applicable on all shipments as of July 1, 2017, or as contracts allow.
This price increase is necessary to compensate for the increase of methanol and other key raw materials.