Vinnolit raises prices for paste and extender PVC

Vinnolit increases prices for paste and extender PVC in Q1 by 80 EUR / metric tonne, effective 1 January 2011.

The price rise is necessary to offset massive cost increases, especially for ethylene, and to bring the profitability of PVC specialties closer to a sustainable level. The Paste PVC markets are tending tight worldwide. 

This is caused by a significant increase in demand - Europe has almost returned to pre-crisis level - in combination with supply constraints due to capacity reductions.