6/27/2014

Vinnolit raises PVC prices

Effective July 1, 2014, Vinnolit will raise prices for all PVC products by 50 €/t.

Reasons for this price adjustment are the continuing negative margin development, mounting ethylene costs and continuously growing demand. Driven by the long-lasting price slump of chlorine by-product caustic soda, PVC profitability has dropped to an unsustainable level in recent months. This fact, in combination with a price hike of 50 €/t for main raw material ethylene in July, necessitates mentioned PVC price increase.



Contact:
Dr Wolfram Prößdorf, Commercial Director
Vinnolit GmbH & Co. KG, Carl-Zeiss-Ring 25, 85737 Ismaning
Phone: +49 89 96103-250
E-mail: wolfram.proessdorf@vinnolit.com