Price Increase Notice
SCHENECTADY, NY – March 4, 2011 – The previously reported volatility in the supply chain in 2011 has continued to affect all of our key raw materials and our cost to serve. Our priority remains fulfilling the “Security of Supply” component of our Brand promise that you have come to expect from SI Group, but this has not been without additional cost. In light of these effects, we are increasing our phenolic resin prices effective March 21, 2011.
SI Group is a family-owned company founded in 1906 and headquartered in Schenectady, New York. A leading global developer and manufacturer of phenolic resins, alkylphenolic resins, alkylated phenols and other chemical intermediates, SI Group operates 19 facilities in 12 countries around the world. For more information about SI Group, visit www.siigroup.com