Global paint resin raw materials, additives and other products prices are rising

on January 4, 2017, Holland company DSM coating resin (DSM) announced that its Uralac series polyester powder coating resin from January 15, 2017 onwards (or according to the contract allowed) in the Middle East and Africa to implement price measures, according to the different varieties of products price is 0.16 ~ 0.35 dollars / kg, although the price falls in the Middle East and the African market, but perhaps the supply problem, so the price given by the company’s explanation is “the raw material cost increases because of the Asia Pacific region”.

On the same day, DSM also announced a series of Uralac polyester powder coating resin since January 15, 2017 (or according to the contract allowed) in the European region price 0.05 ~ 0.12 euro /kg, this company directly pointed out that due to the increase in the cost of raw materials.

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And Arkema (Arkema) also announced that since February 1, 2017 (or the existing contract allowed), price measures for the implementation of Sartomer business unit’s European company produces products, product sales prices involved in Europe, the Middle East and Africa acrylate and methyl acrylate monomers and oligomers, according to different products, the price range of 100 to 300 euros / ton, the company believes that the decision since March 2016 is due to the increase in raw material and REACH registered a substantial increase in costs.

Previously, Arkema has since January 1, 2017 on the coating business unit under solvent based and waterborne resin products in Europe, the Middle East and Africa increased 50 to 150 euros / ton, involving products including ENCOR polymers and copolymers, SYNOLAC, solvent based alkyd resin modified alkyd resin and polyester, acrylic polyol, SYNOCURE SYNOCRYL thermosetting and thermoplastic acrylic resin, GELKYD resin, solvent SUPERGELYKYD, solvent type alkyd resin and polyurethane resin UNITHANE, SYNAQUA oil alkyd resin emulsion and water dilutable resin etc..

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At the same time, since January 1, 2017 akema company sales in the European market for all grades of acrylic monomers has been the implementation of the price, the price of 100 euros / ton of acrylic acid and methyl acrylate price of 110 euros / ton, the price of 120 euros / ton ethyl acrylate, butyl acrylate and acrylic acid isooctyl price of 140 euros / ton. And the Evatane, Lotryl and Lotader brands of resin product price 100 euro / ton.

In January 4, 2017, a new group of professional paint resin manufacturers Zhan (allnex) announced the world’s largest since February 1, 2017 (or according to the terms of the contract, the price of permits) in Europe, the Middle East and Africa liquid resin and additives on product line sales of all products, uniform price is 0.15 euros / kg, the company explained “the cost of raw materials continued to increase”.

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In addition, jamsun has decided since January 15, 2017 in Europe, the Middle East and Africa regions of VIAPAL unsaturated polyester resin, coating and pigment paste series product price 0.15 euros / kg. And since January 1, 2017 the price of polyester and Zhanjiang additives with new has been in Europe and the Middle East and Africa on its CRYLCOAT, SETAPOLL, ADDITOL, MODAFLOW, SYNTHACRYL, BECKOPOX and UVECOAT series of powder coatings, ranging from 0.08 to 0.12 euros / kg. The same period the company still America’s CRYLCOAT resin series products line price 0.04 ~ 0.07 dollar / pound.

The world’s largest titanium pigment production business for the company (Chemours) has previously announced, from February 1, 2017 onwards, in Latin America, the Middle East, Eastern Europe and sub Saharan Africa south of titanium dioxide products such as the sales price of 150 U.S. dollars / ton, the same period sales in Western Europe region and Central Europe, Turkey and North Africa titanium the price of 175 euros / ton.

Reichhold company announced that the company’s sales in the United States and Canada in the coatings industry all products containing alkyd resin TDI price 0.06 dollar / pound, the decision for the shipment in January 12, 2017 or after all order. The company’s North American paint sales director JulieFuell said: “TDI in the global scope of planned and unplanned supply shortage, resulting in TDI prices soared, so the company reluctantly carried the price”. But in fact the price crisis has subsided more than half of TDI, has also been a cosmos at the end of December announced MDI and TDI returned to normal production.

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