Continuing strong demand in PVC markets is prompting Synthomer to take special measures in terms of working patterns and shutdown arrangements to ensure that we continue to supply our customers with primary and secondary low hydrolysis PVOH stabiliser, which adds significant unexpected fixed cost.
In order to ensure appropriate margins are maintained, we will be increasing the price of Alcotex® Primary grades by 15%, effective on 1 April, or as contracts and price agreements allow.