Vinnolit raises prices for Paste and Extender PVC
Vinnolit increases prices for paste and extender PVC in Q1 by 80 EUR / metric tonne, effective 1 January 2011.
The price rise is necessary to offset massive cost increases, especially for ethylene, and to bring the profitability of PVC specialties closer to a sustainable level. The Paste PVC markets are tending tight worldwide. This is caused by a significant increase in demand - Europe has almost returned to pre-crisis level - in combination with supply constraints due to capacity reductions.
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