Air Products Polymers Announces Price Increases for Dispersions Sold in Europe
Sep 4, 2006
Effective 1st October 2006, Air Products Polymers will increase prices for dispersions sold in Europe.
The price increase will affect Vinylacetate Homopolymers, Vinylacetate-Ethylene Co-polymers and Ter-polymers, Vinylacetate-Ethylene-Vinylchloride Ter-polymers, Vinylchloride-Ethylene-Acrylate-Ter-polymers, Styrene-Acrylate Co-polymers, which are sold under the brand names AIRFLEX®, VINAC®, FLEXBOND® and FLEXCRYL® -dispersions.
VINAC®, AIRFLEX® , FLEXBOND® and FLEXCRYL® dispersions will be raised up to ˆ 80/ton depending on product grade.
The increases are necessary to offset continued substantial rises in raw material & energy costs associated with the production of these products. Furthermore, various raw material suppliers have recently announced Force Majeur.
About Air Products
Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $8.1 billion, operations in over 30 countries, and over 20,000 employees around the globe.
Air Products is an industry leader in hydrogen safety and engineering, and a global leader in hydrogen production and distribution, as well as the industry leader in hydrogen fueling stations for clean transportation applications. The company has been involved in the production and supply of hydrogen for over 50 years and has supplied all the liquid hydrogen for NASA's space missions. Over the past 10 years, the company has also developed over 40 hydrogen fuelling installations in the United States, Korea, Singapore, Japan, Italy, Germany and India.
