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Effective October 1, 2007 Cray
Valley will increase the price of its’ Crayvallac additives by 7–10 %, or as
contracts allow.
This price increase is being made to help offset the unprecedented increases
for many of the raw materials used in the manufacture of the Crayvallac
additives, which continue to escalate upwards, and where a number of the raw
materials continue to be in short supply.
Cray Valley as a leading producer of rheological additives, surface modifiers
and flow & levelling agents is serious in its commitment to the continued long
term investment for the development, manufacture and strategic supply of these
high performance additives on a world-wide basis.
The price increase is being made on the basis that a significant shift in the
cost base and availability of certain key strategic materials has continued to
take place during the year, and which is not likely reverse in the near
future.
These raw material increases together with other costs such as energy &
transportation are such that we have no choice but to share part of the impact
on and in to our selling price.
Neil TARIQ
Business
Director - Additives
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