Wacker Polymers to raise prices for dispersions in EMEA
20 May 2014
ERJ staff report (TP)
Munich, Germany – Wacker Polymers is to maintain its price adjustment for vinyl acetate-based homopolymer dispersions as well as vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS and VINNOL brand in Europe, the Middle East and Africa (EMEA).
The temporary surcharge of €140 per ton (0.9 tonnes) implemented on 1 May will persist, as customer contracts allow, until further notice. This measure has been necessitated by the ongoing high costs for vinyl acetate monomer (VAM), a crucial raw material for the manufacturing of Wacker’s dispersions.
“As long as the prices for vinyl acetate monomer in Europe remain on the current elevated level, we will have to keep in place this surcharge for our dispersions to partially compensate our increased cost,” said John Fotheringham, Vice President Dispersions & Resins. “Our focus remains on securing supplies of our critical raw material, and reliably supplying innovative high-quality products to our customers.”
Dispersions of the VINNAPAS and VINNOL brand are applied in a broad variety of industries, ranging from adhesives, construction, nonwovens, paints and coatings to paper, carpet and textiles.
Wacker Polymers has production sites in Germany, China, South Korea and the US, as well as a global sales network and technology centres in all major regions.
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Press release from Wacker