PolymerLatex increasing prices

MARL, Germany (Aug. 4, 2008) — PolymerLatex GmbH is hiking prices for all products sold into the tire cord industry as of Aug. 15.

Litex S-brand LS-SBR grades will increase by 10 percent and prices for Pyratex-brand PSBR grades will rise by 15 percent.

These price hikes are in addition to the mid-June increase.

PolymerLatex said the cost of butadiene has grown by 25 percent over the last quarter, contributing to the need for the boost in prices.

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