SCHENECTADY, NY – January 15, 2013 – Due to higher costs for raw materials, SI Group will be increasing the market price on all alkylphenols and phenolic resins by up to 5%. SI Group remains committed to delivering on its Brand promise, with an emphasis on security of supply. We will continue to provide our customers with the world’s best chemical intermediates to create value that is directly embedded into our customer’s processes and products. The price increase is effective February 1, 2013.
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.
# # #