Covestro raises prices for elastomer products
Effective May 1, 2017, Covestro will raise the selling prices for its Desmodur® and Baytec® elastomer systems, which include prepolymers, polyols and curatives, by up to 9 percent. The magnitude varies depending upon the product line
The price increase will be applied globally as contracts allow.
Customers will be contacted by Covestro Elastomers’ Sales Representatives to address the price increase for their specific products.
With 2016 sales of EUR 11.9 billion, Covestro is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life. The main segments served are the automotive, electrical and electronics, construction and the sports and leisure industries. Covestro, formerly Bayer MaterialScience, has 30 production sites around the globe and employs approximately 15600 people (full-time equivalents) as of the end of 2016.