Bayer raises prices coatings adhesives raw materials

Bayer raises prices for coatings and adhesives raw materials

12:13 PM, 13th April 2011
Bayer raises prices for coatings and adhesives raw materials

 

LEVERKUSEN, GERMANY: Bayer MaterialScience AG is raising the selling prices for its coatings and adhesives resins in the regions Europe, Middle East, Africa and Latin America by 7 to 15 per cent with immediate effect. Product lines affected include Desmophen and Baycoll solvent-free and solvent-borne polyesters, Desmophen, Baycoll and Desmolith hydrophobic co-reactants, Desmocoll and Desmomelt solid polyurethane resins, Baypren polychloroprene and Pergut chlorinated rubber.

 

The company also raises prices for waterborne and UV curable products for coatings, textile, glass fiber sizing and adhesives applications, in particular for polyurethane dispersions (Bayhydrol, Impranil, Baybond and Dispercoll U), polyester dispersions (Bayhydrol), polyacrylate dispersions (Bayhydrol), UV curable products (Bayhydrol, Desmolux) and waterborne polychloroprene (Dispercoll C), in the EMEA and LATAM regions between 3 and 9 per cent with immediate effect.

 

Substantially higher raw material and utilities cost are forcing Bayer MaterialScience to pass on these increases to the market. The company also informed that current contractual agreements will be fulfilled.

© WOC News

 

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