LyondellBasell to increase prices on its Catalloy process resins in Europe

Effective July 1, LyondelBasell Industries will increase prices in Europ on all of it Adflex, Adsyl, Softel and reactor-grad Hifax resins by €120 per tonne.

“Escalating feedstock and energy costs, which have been eroding our margins since the beginning of the year, have necessitated this increase,” said Paul Yeates, Senior Vice President of LyondellBasell’s Advanced Polyolefins busines

LyondellBasell’s polypropylene resins based on its proprietar Catalloy process are marketed under the trade name Adfle, Adsyl, Softel and Hifax. These resins, which possess a broad range of properties from flexibility to stiffness, are used by customers to produce applications in the building and construction, compoundi, film (specialty and packaging) and automotive industries.