ZEON CORPORATION has announced that global selling prices for hydrocarbon resin and thermoplastic elastomer will be raised as listed below.
March 9, 2012
- Hydrocarbon resin (Product name : Quintone)
US$ 220 / MT (US Dollar 220 per metric ton)
- Thermoplastic Elastomer SIS (Product name : Quintac )
US$ 330 / MT (US Dollar 330 per metric ton)
2. Effective date
Price increase will come into effect from April 1st, 2012 shipments.
3. Reason for the price increase
These price increases are required to partially offset the unprecedented increases in naphtha and crude oil prices. These prices effect on our primary raw materials and energy costs.