Leverkusen, Germany - Bayer MaterialScience AG is raising the selling prices for its thermoplastic polyurethane materials in Europe, the Middle East, Africa, and Latin America by EUR 0.25/kg, effective 1 Nov. They are offered under tradenames Desmopan Texin, Desmoderm and Desmomelt.
Raw material, energy and logistics costs for these product groups have increased considerably, the firm said in a 21 Oct announcement. To ensure continued reliability of supply and an efficient service for its customers, and to further develop the product range to meet future requirements, Bayer MaterialScience is compelled to pass on a proportion of these increased costs, the firm explained.
Current contractual agreements will be fulfilled.