Bangkok--15 Nov--New Wave Marketing Network
Solvay Performance Polyamides, a world leader in polyamide-based performance materials, announces a price increase across Asia of US$300 per metric ton for the entire Technyl(R) range of products, effective immediately.
""The stringent environmental measures recently implemented by the Chinese government have a structural impact all along the polyamide chain in Asia, intensifying market tightness and rising supply costs,"" said Bertrand Lousteau, Head of Asia-Pacific for Solvay Performance Polyamides Global Business Unit. ""This game-changing context makes such a price rise necessary to restore a sustainable margin level in the region.""
Technyl is a registered trademark of Solvay