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The Elastomers Business Unit will raise the transaction prices of following Elastomer products in all regions effective December 1, 2020 or as existing supply agreements allow: ALL SEPTON™ , HYBRAR™ and TU-Polymer: $0.22 per kilogram ($0.10 per pound).
Increasing feedstock prices from 2Q 2020 have increased the costs to produce these specialty high performance materials. In addition to escalating feedstock prices, utility and logistics costs have continued to increase. It is necessary to recover a portion of these increases to ensure ongoing supply and new product innovation.
