May 16, 2007 -- Over the past two years, escalation in prices of raw materials to produce acrylic polymers has continued to occur. As a result of these continuing increases, it is necessary to increase the price of Perspex® and TufCoat® acrylic polymer products by $0.06/lb. This increase will be effective for all shipments on or after June 18, 2007 or as conditions in your contract allow.
Lucite® International continues to drive aggressive measures to reduce costs and maximize efficiencies in order to provide you with the best value in acrylic polymer products in the industry.
About Lucite International
Lucite® International, owner of the world renowned Lucite® and Perspex® brands and a leader in the innovation, design and manufacture of acrylic based products, is a global manufacturer and marketer of Methacrylates --- the main building block of acrylic, which it either sells direct as monomer or transforms into acrylic-based products made under the product groupings: specialties, composite materials, resins, polymer, and sheet. Customers convert these into a diverse range of consumer, architectural, high-tech and medical products. Lucite® is the world’s leading supplier of Methyl Methacrylate, with around 25% of the world market by volume and the capacity to produce 2 billion lbs (900 ktes) per annum of acrylic products. The Company has annual sales of over $1 billion and employs a workforce of 2000 people serving customers in more than 100 countries worldwide. Lucite® International is headquartered in Southampton, UK. The Americas region headquarters is located in Cordova, TN, a suburb of Memphis. |