TOPAS Advanced Polymers Increases Prices

FRANKFURT/ GERMANY -- Effective from October 15, 2006, TOPAS Advanced Polymers (TAP) is increasing the prices for all grades of its cyclic olefin copolymer (COC) TOPAS®. The reasons for this raise are substantial and continuing increases in costs for raw materials, energy and transportation during recent months. As contracts allow, TAP will increase prices for all COC resins by 0,25 €/kg.

About TOPAS Advanced Polymers

TOPAS Advanced Polymers, a joint venture between Japanese companies Daicel Chemical Industries Ltd. and Polyplastics Co., Ltd., was established in January 2006 to continue the COC business of Celanese/Ticona. The new company is located in Frankfurt, Germany and Florence, USA and has about 100 people working in R&D, Marketing & Sales, Production and Administration. TOPAS Advanced Polymers is marketing COCs in Europe and the Americas, while Asia is covered by Polyplastics Co., Ltd.

Source: TOPAS Advanced Polymers

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