Zeon Chemicals (Thailand) Co., Ltd.
ZEON CORPORATION & Zeon Chemicals (Thailand) Co., Ltd. have announced that global selling price for hydrocarbon resin will be raised as listed below.
April 22, 2014
1. Price increase by the product type
Hydrocarbon resin (Product name : Quintone)
US$ 150/ MT (US Dollar 150 per metric ton)
2. Effective date
Price increase will occur beginning with May 1, 2014 shipments.
3. Reason for the price increase
This price increase is required to partially offset the continuing increases in naphtha and crude oil prices which impact our primary raw materials and energy costs.
Given that these rising prices are beyond our capacity to absorb, we have determined that upward revisions in our product prices are unavoidable.