Initiator Price Increase Announcement(St. Paul, MN – August 23, 2018) NAC has been notified of a price increase effective Sept 4, 2018 on AkzoNobel cross linking organic peroxides. These increases will take effect on all NAC shipments on or after Sept 4, 2018.
United Initiators is increasing prices up to 12%, or as agreements allow, on organic peroxides and formulations including but not limited to Norox and Benox brands. These increases will take effect on all NAC shipments on or after September 1st, 2018.
NAC will increase all affected products by the announced increase to our customers on all orders shipped on or after September 4th, 2018 for AkzoNobel and on or after September 1st, 2018 for United Initiators.
These price increases are necessary to offset rising costs associated with raw materials, transportation and the required reinvestment by suppliers in the business to ensure long term and reliable supply of quality products.
If you have any questions regarding this announcement, please contact your NAC Account Manager.