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Jianbang Co.: Upstream raw material prices surge and supply tightness lead to an increase in the company's product prices
Jianbang Co., Ltd. issues a product price adjustment notice. Recently, due to a significant increase in upstream raw material prices and tight supply, the company’s production costs have risen sharply. After careful consideration, the company has decided to adjust the prices of related products as follows: 1. Functional additive series products: The price of Cyclic“三(2-hydroxyethyl) isocyanurate” will be increased by 1,500–2,500 RMB/ton. 2. PVC heat stabilizer series products: The prices of Dibenzoylmethane (DBM)/Stearoylbenzoyl methane (SBM) will be increased by 2,500–3,500 RMB/ton, and Acetylacetonate salts will be increased by 1,000 RMB/ton. This announcement will take effect from March 10.