Momentive Specialty Chemicals Inc. announced today that it will increase prices for its Albester™, Albester SilkyMatt™, Albemast™, Albecor™ and Albecor-Bio™ powder polyester resins in Europe, the Middle East and Africa (EMEA) region by 0,10 to 0,15 €/Kg depending on the product, effective October 15th, 2012 or as contracts allow.
The pricing adjustment is driven by cost increases in feedstock, energy and transport costs.
Albester™, Albester SilkyMatt™, Albemast™, Albecor™ and Albecor-Bio™ powder polyester resins are used in a wide range of applications in the building, agriculture and automotive industries. These products contribute to sustainability and energy efficiency by utilizing advanced environmental technology such as bio-based materials and low-energy curing, and are backed by strong technical service and applications support.