Major Nylon Maker Raises Prices for Second Time in 2 Months
Ascend Performance Materials has announced another round of price increases to go into effect Nov. 1, 2023.
Ascend, which claims to be the largest fully integrated producer of nylon 6.6, is raising the prices on all polyamide polymers, compounds and monomers for the second time in two months in response to significant increases in input costs. The company said in a statement that customers should contact their sales reps for additional information.
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Price hikes will affect the following materials, in addition to those put into effect in October: neat PA66 polymer, up by 20 cents per kg., PA6 compounds, up by 30 cents per kg., and hexamethylene diamine Adipic acid, up by 15 cents per kg. The price of PA66 compounds will rise by 30 cents per kilo, with no price hike effected in October.
Ascend is based in Houston with regional offices in Shanghai, Brussels and Detroit, and manufacturing facilities in North America, Europe and China. A fully integrated material solutions provider, it makes high-performance plastics, fabrics, fibers and chemicals that go into vehicles, medical devices, appliances, apparel, consumer goods and the production of cleaner energy. A year ago the company introduced ReDefyne, a range of polyamides made with up to 100 percent pre- and post-consumer polyamide 66 or 6 to provide a low carbon footprint and reliable performance for applications including durable apparel. Ascend’s Acteev textile technology brand recently expanded to include several new options.
