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Frequent price increase letters! Domestic and foreign chemical giants have successively announced price increases

price increase letters have been sent frequently! Domestic and foreign chemical giants have successively announced price increases. January 3, 2019

2019 is coming, and the chill seems to be deepening step by step. There are rumors of winter every year. Compared with previous years, this year's winter is more real

since 2018, due to the sharp rise in raw materials, labor, energy history and logistics costs, as well as higher production management requirements and product quality requirements, the production cost of Chinese coatings has increased. Therefore, various enterprises have indicated that they will raise the prices of some products from January 1, 2019. BASF, DSM, Evonik and other enterprises raised prices as follows:


BASF announced that from January 1, 2019, it would increase the prices of 1,6 hexanediol (HDO), caprolactone (CLO) and polycaprolactone (capromer) by US $0.10/lb in North America

BASF is headquartered in Ludwigshafen and has more than 350 branches and companies in 39 countries. There are more than 60 manufacturers in Germany, located in Ludwigshafen, Minster, Hamburg, Stuttgart, Mannheim, vilzburg, Cologne and other cities. BASF's main businesses: chemicals and plastics, natural gas, plant protection agents and pharmaceuticals, health care and nutrition, dyes and finishing agents, chemicals, plastics and fibers, oil and natural gas


royaldsm issued a price increase letter. The categories involved this time are PA66, pet, PBT, TPE, etc., of which the price of PBT and pet is increased by 1250 yuan/ton; PA66 will be increased by 2430 yuan/ton. The price increase will take effect from January 1st, 2019

based on science and technology, Royal DSM group of the Netherlands is active in the field of health, nutrition and materials all over the world. DSM mainly serves the end markets of food and health care products, personal care, feed, drugs, medical equipment, automobiles, coatings and paints, electronics and electricity, life protection, alternative energy and bio based materials, creating sustainable solutions worldwide, promoting nutrition, introducing fatigue testing machines, enhancing and ensuring product efficacy and improving product performance


Germany Evonik also announced recently that it will increase the price of its methacrylic resin product series. It sends the angular displacement signal to the computer for data processing, with an increase of at least 10%, and some products have an increase of 20%-25%. The effective date is january1,2019

evonikindustriesag is a leading specialty chemical enterprise in the world. The main business focuses on the general trend of global development, namely health, nutrition, resource efficiency and globalization. In addition, Evonik operates in more than 100 countries around the world. In fy2014, Evonik's more than 33000 employees generated sales of € 12.9 billion and operating profit (EBITDA) of € 1.9 billion

it is understood that at the beginning of February 2018, BASF plant shut down due to failure, and the company's global supply of hexamethylene diamine and PA66 suffered force majeure. On february16,2018, Solvay announced that its adiponitrile plant in chalamp é, France, suffered from force majeure. NVIDIA's adiponitrile plant in the United States also suffered from supply problems. The global market supply was significantly tightened, resulting in a shortage of goods in the market and a sharp rise in the price. It is noteworthy that the new TDI unit of Wanhua chemical has been put into operation by the end of the year, and the market supply has further increased

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