This is to announce that SEKISUI CHEMICAL CO., LTD. decided to increase our CPVC resin & compound price. As you are probably familiar with challenges we face, due to a tight balance between supply and demand in logistics all over the world arising out of COVID- 19 situation, the freight cost has been drastically increasing accordingly.
Thus, to ensure our stable supply, we would like to regretfully inform you that we are forced to increase the price as below. We kindly ask your understanding.
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1.Grade |
CPVC Resin & Compound all grade |
|---|---|
|
2.Target Region |
South Asia (India, Nepal, etc…) |
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3.Rivising ratio |
5% or more UP |
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4.Effective date |
January 1st, 2021 |
About SEKISUI CHEMICAL Group
Headquartered in Japan, SEKISUI CHEMICAL CO., LTD. (TSE: 4204) and its subsidiaries make up the SEKISUI CHEMICAL Group. 27,000 employees in over 200 companies throughout 21 countries aim to contribute to improving the lives of the people of the world and the earth’s environment. Thanks to a history of innovation, dedication and a pioneering spirit, SEKISUI CHEMICAL now holds leading positions in its three diverse business divisions as well as top global market share in interlayer film, foam products, conductive particles and more.
Since its foundation in 1947, the SEKISUI CHEMICAL Group has dedicated itself to social and environmental contribution and is now an internationally recognized leader in sustainability and environmental initiatives, having recently been selected as one of the Global 100 most sustainable companies. SEKISUI CHEMICAL Group will continue to maintain a strong corporate presence for 100 years and beyond.
Press Contact
SEKISUI CHEMICAL CO., LTD.
Public Relations Department
Fax: +81-(0)3-6748-6547
Disclaimer
This press release may contain forward-looking statements. Such forward-looking statements are based on current expectations and beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements due to changes in global economic, business, competitive market and regulatory factors.