Arkema, Europe's leading manufacturer of HC EVA (High Content Ethylene Vinyl Acetate), announces a further price increase of €150/MT effective July 1st 2007. This increase is a direct result of the steady rise in raw material, energy and logistics costs in recent months.
Marketed under the trade name Evatane®, Arkema's HC EVAs are used in wide-ranging industrial applications, e.g. hotmelt glue, cable, multilayer packaging film, solar panels, petroleum additives, bitumen and ink.
A global chemical player, Arkema consists of 3 coherent and related business segments: Vinyl Products, Industrial Chemicals, and Performance Products. Present in over 40 countries with 17,000 employees, Arkema achieves sales of 5.7 billion euros. With its 6 research centers in France, the United States and Japan, and internationally recognized brands, Arkema holds leadership positions in its principal markets.