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.
Roy Bjorlin, Global Commercial & Strategic Initiatives Director, Sun Chemical Advanced Materials||July 26, 2016 In the short term, it is likely the focus will be on sensors that can be printed directly onto labels and hang tags.