Zeon raises prices for TPEs

ERJ staff report (DS)

Tokyo - Zeon Corp. is increasing prices for hydrocarbon resin and thermoplastic elastomers.

Thermoplastic Elastomer SIS (Product name : Quintac ) will go up by S$ 330 / MT (US Dollar 330 per metric ton). Hydrocarbon resin (Product name : Quintone) prices will rise by US$ 220 / MT (US Dollar 220 per metric ton).

The company said the increases are required to partially offset the unprecedented increases in naphtha and crude oil prices.

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Press release from Zeon Corp