Schenectady, New York -Â SI Group, Inc., has announced a price increase ranging from US$0.04 /LB to US$0.08 /LB for all grades of phenolic resins on shipments on or after October 20 , 2007. These prices translate to €0.06 - €0.12 in a mathematical conversion. ERJ recommends customers check with SI for actual prices.
SI said the adjustment is based on the escalating cost of feedstocks with a rise in the cost of formaldehyde.
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Press release from SI Group