As a result of a market supply situation regarding purified isophthalic acid (PIA), which is a key raw material in the production of polyester resins and water-reducible resins, EPS is electing to increase prices of products that contain PIA.
The Coating & Adhesive Resins Business Line of Evonik Resource Efficiency GmbH announced a price increase from minimum €0.05/kg to over €0.45/kg for its DEGALAN® grades for paint, coatings and printing inks applications.