Arkema subsidiary Coatex to increase prices of thickeners and dispersants in NAFTA region by US$0.03-$0.05/lb., effective April 1
CHESTER, South Carolina
March 15, 2012
– Effective April 1, 2012 or as contracts allow, COATEX Inc will increase the list and off-list selling prices of its Thickener and Dispersant product lines offered to the Paper, Mineral Processing, Construction, and Industrial Markets for the NAFTA Region by $0.03/lb to $0.05/lb.
This increase is necessary to respond to increasing raw material costs needed to manufacture our product lines.
Coatex designs and produces rheology additives for aqueous formulations and waterborne processes. Innovation for Sustainable Development as a core strategy, Coatex is developing highly performing additives to serve a wide variety of applications, such as Waterborne Paints & Coatings, Paper coating, Minerals Processing, Construction and Water treatment. With production sites in France, Netherlands, USA and China, Coatex employs more than 300 people. Coatex is a subsidiary of the Arkema group, France’s leading chemicals producer.