On October 15, Dongli Plastics Technology Co., Ltd. announced that due to the continuous increase of PBT raw materials and extremely tight market supply, the price of all Toray PBT composite resins was raised by RMB 1,750/ton from November 1, 2018.
Attachment: The price increase letter is shown in the figure below. The price adjustment does not include VAT, customs duties and other customs fees.
Toray PBT
TORAYCON® Polyester (PBT) resin was developed by Toray using its expertise in polyester polymerization and resin-reinforced compounds. It is a polyester-based thermoplastic resin.
Due to its long-lasting heat resistance, chemical resistance, weather resistance and electrical properties, TORAYCON® is widely used in connectors and other automotive components, spools, coil boxes and other precision components in electrical and electronic components and office equipment.