Cognis Announces Price Increase for Polyamide, Lamination Resins
September 12, 2005
Cognis Corporation’s graphic arts business has announced that market prices for its Versamid 700, Versamid 900 and Versamid 1655 polyamide resins will be raised by $0.05/lb. In addition, prices on its Versamid 972, Versamid 973, GAX 12-837 and GAX 14-261 lamination resins will increase $0.10/lb. The increases are effective Sept. 1 or as provided by individual contracts.
Increasing costs of key raw materials, energy, insurance, security, regulatory and transportation are the primary drivers for this increase.