WACKER POLYMERS is to maintain its price adjustment for vinyl acetate-based homopolymer dispersions as well as vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS and VINNOL brand in Europe, the Middle East and Africa (EMEA). The temporary surcharge of ?40 per ton implemented on May 1st 2014 will persist, as customer contracts allow, until further notice. This measure has been necessitated by the ongoing high costs for vinyl acetate monomer (VAM) a crucial raw material for the manufacturing of WACKER’s dispersions.
"As long as the prices for vinyl acetate monomer in Europe remain on the current elevated level, we will have to keep in place this surcharge for our dispersions to partially compensate our increased cost", explains John Fotheringham, Vice President Dispersions & Resins at WACKER POLYMERS. "Our focus remains on securing supplies of our critical raw material, and reliably supplying innovative high-quality products to our customers."
Dispersions of the VINNAPAS and VINNOL brand are applied in a broad variety of industries, ranging from adhesives, construction, nonwovens, paints and coatings to paper, carpet and textiles.
WACKER POLYMERS is a leading producer of state-of-the-art binders and polymeric additives based on polyvinyl acetate and vinyl acetate copolymers. These take the form of dispersible polymer powders, dispersions, solid resins, and solutions. They are used in construction chemicals, paints, surface coatings, adhesives and nonwovens, and in fiber composites and polymeric materials based on renewable resources. WACKER POLYMERS has production sites in Germany, China, South Korea and the USA, as well as a global sales network and technical centers in all major regions.
Source: WACKER
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