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Croda to boost prices for Crodamide Additives during Q2

28
May '08
In order to continue our track record of providing high quality products and reliable service, Croda Polymer Additives will be implementing price increases proportional to the significant increases we have seen in natural feedstock costs.

Prices for Crodamide additives will be increased to these new levels during Q2 or as existing contracts allow.

These increases are essential to ensure that Croda can provide sustainable security of supply.

Croda has been working hard to secure key materials in the dramatically changing global market for natural oils.

We are proud of Croda's expertise in this area but cannot mitigate the effects of the huge escalations in the cost of these naturally derived materials.

Market prices for natural oils have almost doubled in the last 12 months and there is continued pressure on availability.

Croda will communicate directly and individually with customers to explain the new price levels and discuss availability requirements.

We will also continue to provide full technical and regulatory support services and seek to work closely with customers on product innovation and to optimise in-application product performance.

Croda Polymer Additives is a world leader providing in-demand effects to a wide range of polymers which are used in plastic packaging market.

Our products are manufactured from natural and renewable raw materials with applications in polyolefins, PVC, styrenics, polyamides and biopolymers.

Croda specialises in additives for surface modification of plastics including friction reduction, anti-static, anti-fogging/wetting, and dispersion technology.

Our Crodamide and Atmer product lines play a vital role in modern packaging, from optimising polymer processing and handling during manufacture, to improving part performance and aesthetics in end applications.

Croda International Plc


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