Arkema targets price hike for functional polyolefins

With effect from 1 January 2008, Arkema is targeting a EUR 130/ton price increase across Europe for its entire range of functional polyolefins. The hike applies to the "Orevac", (grafted polyolefins), "Lotryl" (ethylene acrylates, copolymers) and "Lotader" (ethylene acrylates, terpolymers) families, which are used mainly in co-extrusion of multi-layer packaging. The company also plans some price increases in the rest of the world.