The Latest Market Situation of Vinyl Acetate Monomer VAM

There is a sharp rates of European Vinyl Acetate Monomer. German chemical company Wacker Group announced on June 24, as WACKER PVAc in the production of solid resin is the raw material of Vinyl Acetate Monomer VAM with high cost, they will rise the global range of food-grade Polyvinyl Acetate Phthalate (PVAc) sale price. This time would increase the price of 30%, or according to the customer of the contract accordingly. This price increase will be effective immediately and continuing until further notice.
‘In the past six months, sharp rise in the price of Vinyl Acetate Monomer, and now, Europe has almost doubled the price one time. And before the situation eased in the raw materials market, we have to go in a food-grade PVAc Resin Solids on the basis of the selling price surcharge, to a certain extent offset rising raw material costs. Although we have been working to optimize the cost structure and productivity, in the current market price is inevitable. ’ Wacker Biotech bubble gum Business Director Christian Hauk explained.
Liwei Chemical Co.Ltd is located in Tianchang, Chuzhou, Anhui province. It is a subsidiary of Sinochem Coporation and the biggest supplier of Polyvinyl Alcohol. It was founded in 1950. It has the latest and most advanced production technology, and it is also a professional manufacturer of producing polyvinyl alcohol PVA series products with advanced technology. The major products of the company are as following: PVA Polyvinyl Alcohol, PVA fiber, Calcium carbide and Vinyl acetate. The PVA Polyvinyl Alcohol is widely applied in textile, building, papermaking, packing, timber processing, agriculture, printing, polymer chemical, ceramic, iron and steel, electronic, electrolytic, electroplating and other industries. As excellent synthetic fibers, it can also be spun and acetalized to make vinylon fiber.
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