Solvay Performance Polyamides announces price increase in Asia for Technyl(R) polyamide compounds

General Press Releases Wednesday November 15, 2017 09:49
Bangkok--15 Nov--New Wave Marketing Network

Solvay Performance Polyamides, a world leader in polyamide-based performance materials, announces a price increase across Asia of US$300 per metric ton for the entire Technyl(R) range of products, effective immediately.

""The stringent environmental measures recently implemented by the Chinese government have a structural impact all along the polyamide chain in Asia, intensifying market tightness and rising supply costs,"" said Bertrand Lousteau, Head of Asia-Pacific for Solvay Performance Polyamides Global Business Unit. ""This game-changing context makes such a price rise necessary to restore a sustainable margin level in the region.""

Technyl is a registered trademark of Solvay

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