The price increase of raw materials has not stopped since February. Not only titanium dioxide, butadiene and other raw materials have been in a state of frenzy, but also the price of pure benzene has been rising since the beginning of December 2016. Up to now, the increase has reached 27%. In addition, labor and freight have also exceeded the double-digit sharp increase in this case.
Since February 27, 2017, Wanhua Chemical has adjusted the price of all TPU products again!
Reichhold announced that it would increase the price of all solvent alkyd resins, water diluted alkyd resins and copolymers, alkyd lotion, acrylic lotion, polyols, polyurethanes, epoxy resins, saturated polyester and polyester powder coating resins produced by the company. This price increase is applicable to all products sold in the United States and Canada, involving all orders shipped on or after March 20, 2017.