WACKER POLYMERS to Raise Prices for Dispersions in the Americas Region
Munich, Oct 02, 2018
WACKER POLYMERS is to raise its prices for vinyl acetate-ethylene copolymer dispersions of the VINNAPAS® brand in the Americas region. Effective November 5, 2018, prices will be raised by up to ten percent in the Americas or as customer contracts allow. This measure has been necessitated by the ongoing market price increases in vinyl acetate monomer (VAM) which is a primary raw material for the manufacturing of WACKER’s vinyl acetate-ethylene copolymer dispersions. Additionally, rising freight, logistics and distribution costs across the industry continue to represent significant challenges in order to maintain current service levels.
The price adjustment enables WACKER POLYMERS to continue providing customers with a wide-range of innovative quality products and comprehensive technical, sales and customer support services, along with supporting investment to secure the capability for future growth across our focus markets.
Dispersions 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.
About WACKER POLYMERS
WACKER POLYMERS is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints, surface coatings, adhesives and nonwovens, and in fiber composites and polymeric materials based on renewable resources. WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technology centers in all major regions.