It is reported that Aish coating system (AXALTA) recently announced in Europe, the Middle East and Africa (EMEA) to increase the price of powder coatings, and specific price increases will directly communicate with the affected customers.
"Our raw material prices have risen sharply since the summer of 2016." Despite our efforts to pursue and implement cost savings while working closely with suppliers to minimize the impact of rising raw material prices on our customers, Ashder is no longer able to absorb these costs without affecting our customers ' high levels of service and superior product quality, and we are committed to achieving that goal. "It is therefore necessary to hand over these additions to our clients," said Thomas Kopp, vice president of industrial paints at the EMEA region. ”
Earlier, Aish's paint system had raised prices for its big Chinese products in response to a sharp rise in raw-material costs, which would affect some repair paint and industrial paints as well as light and commercial vehicle manufacturers.