Solvay Performance Polyamides has announced a price increase across Asia of US$300 per metric ton for its entire Technyl 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.’
This story is reprinted from material from Solvay, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.