Arkema Announces Price Hike for its Evatane EVA Range

Arkema announces a price increase of 100 ?MT for its whole Evatane EVA (High Content Ethylene Vinyl Acetate Copolymer) range starting March 1, 2013.

During the past months, the EVA market was undergoing a price erosion that affected profitability. In view of the coming price hike of Ethylene in March, we are forced to pass this increase to the market.

Marketed under the trademark Evatane, Arkemas EVA products are used in highly diverse industrial applications, including hotmelt, cables, multilayer packaging films, technical polymers modification, solar panels, petroleum additives, bitumens and inks.

About Arkema

A global chemical company and Frances leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, the company produces state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema generates annual revenue of ?.4 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.

Source: Arkema