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Arkema Announces Fluoropolymers Price Increase in Asia Pacific

Press Trust of India  |  SHANGHAI 

/ -- Effective March 1st, 2019, or as existing contracts permit, Arkema is increasing by 0.8 US$/kg the prices of its Kynar fluoropolymer product ranges in Asia Pacific. This price increase is necessary due to the continuous increase in raw material prices.

Kynar PVDF resins are widely used in traditional industries such as architectural coatings, chemical processing industry, wire and cable, as well as in the sustainable and renewable energy industries such as water treatment, lithium-ion batteries for electrical vehicles, and photovoltaic solar energy.

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans High Performance Materials, Industrial Specialties and Coating Solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of 8.3 billion ($9.4 billion) in 2017, we employ around 20,000 people worldwide and operate in some 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 18 2019. 15:40 IST