Adhesive/impregnating resin pricing complicated by extreme cost hikes

The renewed rise in European natural gas prices since the middle of June 2022 has had an even greater impact on markets for upstream products used to make resins in recent weeks. Manufacturers with locations in Central Europe have to pass higher natural gas costs onto their sales prices, making their products less...

Four years after getting on board, Silverfleet Capital Partners wants to sell its majority holding in Prefere Resins Holding, which is active in the phenolic resin, melamine resin, and paraformaldehyde business, to an investment company of One Rock Capital Partners....

Urea and melamine costs have tended to subside again in recent weeks after a strong surge in recent months. The corrections for melamine have been more pronounced. An uptick in imports from China, combined with cooler demand from the wood-based panel industry and treater operators, has improved the supply situation....