STOCKHOLM – (Feb. 5, 2008 ) – Syrgis Performance Initiators AB has announced a 6 percent price increase, effective March 1, 2008 or as contracts and agreements allow, for its Andonox and Norox® ketone peroxide product lines sold to the composites and allied markets.
The products affected include methyl ethyl ketone peroxides and specialty blends containing this product.
According to the company, increases in principal raw materials, manufacturing supplies, and the cost of shipping hazardous materials are the drivers for the price adjustment.
About Syrgis Performance Initiators
Syrgis Performance Initiators produces organic peroxides that, when used in the manufacturing of reinforced and cast polymer composites products, initiate the gel and cure of the resin at room and elevated temperatures while increasing their durability. With manufacturing, sales and distribution facilities in Helena, Arkansas, USA and Köpmanholmen, Sweden, Syrgis Performance Initiators is the #1 producer of methyl ethyl ketone peroxides in North America and ranked third in the world in organic peroxides for plastics and reinforced thermoset composites. It is the leading producer of organic peroxide initiators used in the polymerization of unsaturated polyester, vinyl ester, styrenic and other resins. Syrgis Performance Initiators is a subsidiary of Syrgis Performance Products. To learn more, please visit
http://www.syrgisperformanceinitiators.com.
About Syrgis
Syrgis is an international diversified group of fine and specialty chemical manufacturers. Headquartered in Cincinnati, Ohio, Syrgis is a suite of companies that includes Lycus, Ltd., P Chem, Inc. and Syrgis Performance Initiators, Inc. — all worldwide leaders in their respective niche markets. Syrgis companies deliver high-quality products that meet the exacting standards of leading chemical solution providers in the automotive, building materials, composites, cosmetic, mining, oil and gas, paints and coatings, personal care, plastics, renewable energy, transportation and water treatment industries. With strong backing from Cleveland, Ohio-based Edgewater Capital Partners, Syrgis is dedicated to delivering the high-performance products its customers need, supported by exceptional customer service and technical application expertise.
To learn more, please visit www.syrgis.com.
