Bayer MaterialScience raises prices for coatings and adhesives raw materials

14-Apr-2011 - Germany

Bayer MaterialScience AG is raising the selling prices for its coatings and adhesives resins in the regions Europe, Middle East, Africa (EMEA) and Latin America (LATAM) by 7 to 15 percent with immediate effect. Product lines affected include Desmophen® and Baycoll® solvent-free and solvent-borne polyesters, Desmophen®, Baycoll® and Desmolith® hydrophobic co-reactants, Desmocoll® and Desmomelt® solid polyurethane resins, Baypren® polychloroprene and Pergut® chlorinated rubber.

The company also raises prices for waterborne and UV curable products for coatings, textile, glass fiber sizing and adhesives applications, in particular for polyurethane dispersions (Bayhydrol®, Impranil®, Baybond® and Dispercoll U®), polyester dispersions (Bayhydrol®), polyacrylate dispersions (Bayhydrol®), UV curable products (Bayhydrol ®, Desmolux®) and waterborne polychloroprene (Dispercoll C®), in the EMEA and LATAM regions between 3 and 9 percent with immediate effect.

Substantially higher raw material and utilities cost are forcing Bayer MaterialScience to pass on these increases to the market.

Current contractual agreements will be fulfilled.

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