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Jianbang Co.: Upstream raw material prices surge and supply tightness lead to an increase in the company's product prices
Gelonghui March 10 | Jianbang Co., Ltd. Issues Product Price Adjustment Notice
Recently, due to a significant increase in upstream raw material prices and tight supply, the company’s production costs have risen sharply. After careful consideration, the company has decided to adjust the prices of related products as follows:
Functional Additives Series: The price of “Seike (3-(2-Hydroxyethyl) Isocyanuric Acid” will be increased by 1,500–2,500 RMB per ton.
PVC Heat Stabilizer Series: The prices of Dibenzoylmethane (DBM) / Stearoylbenzoyl Methane (SBM) will be increased by 2,500–3,500 RMB per ton, and Acetylacetonate salts will be increased by 1,000 RMB per ton.
This announcement will take effect from March 10.