Press release from the issuing company
Coatings & Adhesives Corporation is forced to announce a price increase on all lines of our high performance Waterbased, Energy Curable Coatings, and Adhesives effective March 1st, 2013. Although Coatings & Adhesives Corporation is always working diligently to reduce costs, the increases in the costs of styrene, benzene, other special chemical compounds, and transportation have increased the cost more than Coatings & Adhesives Corporation can absorb through increased efficiencies and other cost containment methods.
While materials based on delivered pricing will vary, on average material increases FOB Leland, North Carolina will be:
Waterbased Coating will increase by 5-8% .
Energy Curable materials will increase by 2-5%.
Cold Adhesives will increase by 3-6%.
Your local Coatings & Adhesives Technical Sales person will have the details of your specific price changes. Coatings & Adhesives Corporation would like to thank you for your continuing support. We will keep you updated as the chemical industry moves through these volatile times.
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