ZEON CORPORATION has announced that global selling prices for hydrocarbon resin and thermoplastic elastomer will be raised as listed below.
June 8, 2010
1. Price increase by the product type
Hydrocarbon resin US$ 220/MT
(Product name : Quintone): (US Dollar 220 per metric ton)
Thermoplastic Elastomer SIS US$ 220/MT
(Product name : Quintac): (US Dollar 220 per metric ton)
2. Effective date
Price increase will come into effect from June 15th, 2010 shipments.
3. Reason for the price increase
Due to the tight supply situation, it is difficult to ensure an ongoing stable supply without adjusting prices level.