NetComposites
Thermwood

Armacell Increases Prices for ArmaFORM PET range

09 January 2018

Armacell Increases Prices for ArmaFORM PET range

Armacell has announced a global price increase of 5% for its entire PET foam product portfolio from 1 February 2018.

The company says this is a result of increases in the costs of key raw materials, as well as rising energy costs at the group’s PET foam manufacturing facilities in Belgium and Canada.

"During the past year, price increases in the commodity market have led to a significant rise in our raw material costs," reports Thomas Kessel, Managing Director PET Foams. "We have had to cope with a 20% price increase for one of the key additives in our ArmaFORM formula. Our basic feedstocks, MEG and PX, have risen by 5% in recent months.”


Photo provided by Armacell




Share this story


Related / You might like...

Boeing Delivers the 787th 787 Dreamliner to AerCap

Boeing has delivered the 787th 787 Dreamliner to come off the production line, marking a special milestone for the super-efficient airplane family and the fastest-selling twin-aisle jet in history.

Brazilian Composite Sector Registers Second Consecutive Year of Growth

The Brazilian composite sector expects to close 2018 with a turnover of US$ 685 million, a high of 3.8% compared to the previous year.

DuPont Wins R&D 100 Awards

A composite bonding adhesive for Audi and a nylon resin from DuPont Transportation & Advanced Polymers were selected as winners of the 55th annual R&D 100 Awards.