LYON, France—Bluestar Silicones France S.A.S. will raise its prices for silicones in Europe, effective April 1.
The firm said increases will range from 4-10 percent depending on the product group and market. The products affected include silicone elastomers, silicone sealants and silicone fluids.
Bluestar Silicones said rising raw materials and utilities costs were the primary reasons for the increase.
Bluestar Silicones manufactures silicones worldwide with about 3,000 employees. It is a subsidiary of China National Bluestar Corp.