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Bayer hikes TPU prices on two fronts

By Patrick Raleigh UT On-line news editorLeverkusen Germany-Bayer MaterialScience AG has increased prices for its Desmocoll/Desmomelt brand thermoplastic polyurethane adhesive raw materials by Euro0.20/kg. The increase, which took effect 1 Sept, is in response to declining margins for these products, said a 25 Aug company statement. US subsidiary Bayer MaterialScience LLC has, meanwhile, raised prices for its Texin and Desmopan TPUs in the North American Free Trade Agreement region by $0.15/lb. The Pittsburgh, Pennsylvania-based firm linked the 1 Sept hike to higher costs for crude oil, benzene and polyol raw materials. “

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