Jiadi chemical up-regulated in Europe and the Middle East and Africa, the price of powder coatings
In May 12th, Jiadi chemical coating system announced in Europe, the Middle East and Africa raised the price of powder coatings, and the specific price increases will be affected directly with the customer communication.
"Since the summer of 2016, our prices of raw materials have gone up considerably. Although we strive for and implementation of cost savings, while working closely with suppliers to reduce raw material prices impact on customers, is no longer able to absorb these Jiadi chemical cost increase, and will not affect our customers for our high level of service and excellent product quality, and we are committed to achieving this goal." Jiadi chemical industrial coatings area vice president Albert said, "therefore, it is necessary to increase the amount of these to our customers."
Earlier, Jiadi chemical coating system to cope with sharply rising costs of raw materials, the production of foreign skin products for the price, and this price will affect some repair paint and coatings and light industrial and commercial vehicle manufacturers. Because the market is not China in price adjustment in the region, resulting in the domestic market Jiadi product was out of stock.