Due to limited capacity and high demand there have been continued immediate shortages, tight supply and unprecedented sudden cost increases for key raw materials across allnex’s portfolio. As a result allnex is forced to increase its prices across the Liquid Resins and Additives portfolio in North America.
The increase will be dependent on product group and will be applicable on all shipments after May 17, 2021, or as contracts allow.
The LRA team remains committed to maintaining customer service levels and communicating to customers in order to prevent shutdowns.
Source: allnex
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