Industry News

Shin-Etsu Announces 10% Global Price Hike from May, Affecting

Shin-Etsu Chemical will raise all silicone product prices by at least 10% from May 1, driven by rising oil and logistics costs.

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The price adjustment covers all silicone divisions, triggered by soaring crude oil, naphtha, energy, packaging and logistics costs. As a global silicone leader, the move is expected to drive up international market prices and intensify competition for Chinese export brands. Hongye Silicone will adjust product strategies, stabilize mainstream product prices, and rely on cost-effective and customized services to maintain export competitiveness.

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Industry News

Shin-Etsu Announces 10% Global Price Hike from May, Affecting

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