“Ongoing high raw material costs, especially for vinyl acetate monomer (VAM) which is a primary raw material for the manufacturing of Wacker’s vinyl acetate-ethylene copolymer dispersions and dispersible powders, necessitate this step,” the company said in a press release.
“Additionally, a logistics surcharge of $0.03 per pound will be implemented for all shipments effective May 30, 2018. This measure has been necessitated by the increasing freight, logistics and distribution costs across the industry,” it added.
The price adjustment will enable Wacker Polymers to continue providing customers with a wide range of innovative quality products and comprehensive technical, sales and customer support services.
Dispersions and dispersible powders of the Vinnapas brand are applied in a broad variety of industries, ranging from adhesives, construction, caulks, nonwovens, paints and coatings to paper, carpet and textiles. (RKS)
ALCHEMPro News Desk – India
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