Merquinsa Announces Price Increase for PEARLSTICK® TPU Specialty Resins

Merquinsa announces a price increase of 200 EUR per metric ton across the European region, Latin America, Middle East and the Indian subcontinent and 300 USD per metric ton in Asia & North America for all PEARLSTICK® polyester TPU specialty resins. This price increase is effective June 5th, 2007 or as early as contracts allow. According to Jean-Marc Galvez, Global Commercial Manager, “Despite our continuous productivity efforts, the renewed rise in polyurethane raw material and energy costs motivated by strong global demand, reflects this price increase”. Customers interested in learning more about the price increase should contact their local Merquinsa sales representative.