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Idemitsu: Price increase for SPS “Xarec” products

Citing increased feedstock and additives costs, Idemitsu Chemicals Europe (Düsseldorf / Germany; www.idemitsu.co.jp) has communicated a price hike for its crystalline polymer “Xarec” products.

Effective 1 April 2010, the prices of “NWA” grades and neat polymers will increase by EUR 0.33/kg, while the cost of “WA”, “EA”, “C&S” grades will rise by EUR 0.25/kg. The group said existing contracts and confirmed orders would not be affected by the hike.

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