Jotun Powder Coatings announce price increase of all its products.
Posted on Tuesday, March 13, 2018
Ram Ramnath, Vice President of Jotun Powder Coatings has announced today that Jotun Powder Coatings will increase its prices globally. The increase will be on all products with immediate effect, and will be in a range, of up to 20 per cent, depending on the specific compositions of the products. The significant increases last year in titanium, polyester and epoxies, and the sharp increase in epoxies again and pigments during this first quarter of 2018 has left Jotun Powder Coatings with no other options than to increase its prices accordingly. “This is, of course, a difficult period for the entire industry. We highly value our long-term relationship with our customers and believe we have a common understanding on the necessity to increase our prices in order to continue supplying the level of product quality & service that our customers have come to expect from us. We will continue to move forward with the aim of providing our customers the best products and solutions we can to help their business grow”, says Ram Ramnath.