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Ascend to increase price of nylon 66 on 'unprecedented tightness'
HOUSTON, April 6, 2018 (PCW) -- Ascend Performance Materials will increase the price of its Vydyne nylon 66 neat resins and compounds by 20 cpp effective Sep 15, "unless governed by other contractual arrangements," Craig Brazel, the company's regional commercial director for nylon, said in a letter to customers.
The increase is the result of "...continued unprecedented tightness in the market..." the letter states.
It adds, "You will be contacted shortly by your Ascend account manager to discuss implementation of this price increase." -- Xavier A Cronin