LEHIGH VALLEY, Pa. (April 16, 2002) — Air Products Polymers, L.P. today announced that, effective May 15, 2002, it will implement a one-and-one-half-cent ($0.015) per wet pound price increase for vinyl acetate homopolymer and copolymer emulsions, and all ethylene, vinyl chloride-based emulsions. These products are marketed by the company under the Airflex®, Flexbond®, and Vinac® trademarks.
Air Products Polymers' Airflex, Flexbond, and Vinac emulsion products are used in applications including adhesives, building products, nonwovens, paper, carpet and textiles. This price adjustment, to be applied in North America markets only, is being driven by increases in raw materials and feedstock costs in the manufacture of these products.
Air Products Polymers, L.P. is a joint venture between Air Products and Chemicals, Inc. (Allentown, Pa., NYSE:APD) and Wacker-Chemie GmbH (Munich, Germany) that manufactures and distributes latex polymers. |
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