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Arkema Announces a Price Increase for its Fluoropolymers

Arkema
2018-02-26 13:19 2329

SHANGHAI, Feb. 26, 2018 /PRNewswire/ -- Effective April 1st, 2018, or as existing contracts permit, Arkema is increasing by 6 to 9% the prices of its Kynar® fluoropolymer product ranges in Asia Pacific. This price increase is required due to ongoing increases in material costs, as well as the investments that Arkema continues to make in R&D, compliance, and capacity expansion to accompany its customers' growth.

As one of the major global producers of technical polymers, Arkema specializes in bringing innovative and value-added solutions tailored to individual customers' needs. Arkema's Technical Polymers offerings include a complete range of high performance polyamides and fluoropolymers specifically developed for the automotive, industrial, healthcare, consumer goods, construction, and renewable energies markets.

With major global brands like Kynar®, Pebax®, and Rilsan®, Arkema stands out in the industry by providing its customers with global supply and tailored regional service from production facilities and research centers in Europe, Asia, and the USA.

Kynar® Fluoropolymers are widely used in high performance applications like polymer membranes for drinking water filtration, electrodes for lithium ion batteries, and protective films for the backsheet of photovoltaic panels. Growth for these, and other applications, is particularly strong in the Asia Pacific region.

A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of EU8.3 billion in 2017, we employ approximately 20,000 people worldwide and operate in close to 55 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation. www.arkema.com

Source: Arkema
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