Addivant Announces Price Increase on LOWILITE® 77
DANBURY, Conn., Jan. 15, 2018 (GLOBE NEWSWIRE) -- Effective immediately or as contract terms allow, Addivant(TM), a global leader in polymer additives, is increasing the price of LOWILITE® 77 by up to 10%. The increase is driven by sharp raw material cost increases linked to different factors including supply shortages resulting from China's recent reinforcement of its environmental protection policies.
About Addivant(TM)
Addivant(TM) is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants in five regions as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit www.addivant.com for more information.
Addivant(TM) and LOWILITE® 77 are trademarks of Addivant.
| Contacts: | ||||||
| Beverly Kindermann | Beverly.Kindermann@addivant.com | Tel: +1 203 702 6182 |
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Addivant via Globenewswire
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