Thai Polyester Producer to Raise Values for Polyethylene terephthalate (PET) from USA
CHEMMONITOR.COM – The Thailand-based polyester chain manufacturer Indorama Ventures Public Company Limited is going to increase values of US polyethylene terephthalate (PET) by about 5 cents per pound. New prices will take effect in early autumn.
The producer had to raise PET prices because of higher values of feedstock.
The Charlotte-headquartered (USA) PET resins company DAK Americas is on schedule to lift US PET costs by roughly 4 cents per pound next month. The reason for the price hike is the same.