VILLEJUST, France (Jan. 13, 2010)—Eliokem S.A.S. is raising prices worldwide on its Pliocord vinyl pyridine latex and Wingstay antioxidants worldwide on Feb. 1.
Prices Pliocord will rise $150 a ton. The firm said the continuing increase in the cost of monomers, particularly butadiene and styrene, are behind the price hike.
Wingstay S,T and 29 prices will be increased by about $290 per a ton, and Wingstay L by 4 percent. Eliokem blamed the escalation of the cost of all raw materials for the increase, particularly p-cresol, phenol, diphenylamine and styrene.