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Emulsion Systems Announces Price Increase for Latex Products
FOR IMMEDIATE RELEASE
Contact: Bob Cook
Phone: 615-758-8319
Cary, N.C. - March 10, 2010
Effective April 1, 2010 or as contracts allow, Arkema Emulsion Systems will increase the price of all latex products. UCAR® acrylic, styrene-acrylic, styrene-butadiene and NEOCAR® Acrylic latexes will increase by $0.07 per wet pound. UCAR vinyl-acrylic, EVOCAR® vinyl acetate-ethylene and NEOCAR Latexes will increase by $0.03 per wet pound.
This action is driven by the sustained increase in the cost of key feedstocks and raw materials and by the company’s commitment to maintain margins that allow for ongoing reinvestment to meet customers’ future needs.
Customers should contact their Arkema Emulsion Systems account representative for additional details.
About Arkema A global chemical company and France’s leading chemicals producer, Arkema consists of three businesses: Vinyl Products, Industrial Chemicals, and Performance Products. Arkema reported sales of 5.6 billion euros in 2008. Arkema has 15,000 employees in over 40 countries and six research centers located in France, the United States and Japan. With internationally recognized brands, Arkema holds leadership positions in its principal markets.
® - Registered Trademark of Arkema Inc.
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