Under the cost increase of petrochemical feedstock for our hot melt adhesives, we have carried out our own cost reduction and implemented business restructuring. However, it has become difficult for us to absorb all the cost increase. And we have no other way than asking for sales price increase. In order to secure stable supply of our products under these situations, we would like to inform the following price change of hot melt adhesives.
Contents:
Price increase by 5% or up (please refer to the quotation)
Effective:
May 1, 2017 on a shipment basis
If you have any questions, please consult with our sales representatives.