Since April 1st, the price of Nippon has increased!
Recently, the world's fourth largest paint enterprises, China's largest paint enterprises state official announced price increases!
March 8, Libang Decoration Materials (Guangzhou) Co., Ltd. issued a product price adjustment letter.
The letter said that thanks to the dealers for their long-term support and trust in Bunbang, in line with the "achievement of customers, innovation, cooperation to win, encourage efforts" of the corporate values, we will continue to provide better products and services for the majority of dealers partners, common growth.
As chemical raw materials continue to rise, titanium dioxide, resin, emulsion and other main paint raw materials prices continue to rise, the company decided to since April 1, 2023, the following products to do price adjustment:
Distribution 5 in 1 series 5L, the expected increase of 1-5 yuan/barrel
Distribution 5 in 1 series 18L, the expected increase of 7-15 yuan/barrel
Distribution 2 in 1 series 5L, the expected increase of 1-2 yuan/barrel
The distribution of 2 in 1 series 18L is expected to increase by 3-8 yuan/barrel
Shiili Series 17L, the expected increase of 1-2 yuan/barrel
Looking for chemical products? Let suppliers reach out to you!
2026-07-11
-
Paint & Coating Industry Overview Mar.2025
This issue provides analysis of the European and German coatings markets, as well as the latest monthly reports and price trends of coatings-related chemical raw materials. Support online permanent download.Published in: Mar.2025
Trade Alert
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Related News
-
Nippon Paint Holdings' Financial Performance and Market Strategies in China: Insights from Q3 Briefing
-
Nippon Paint China Interior Wall Latex Paint Business Sales Revenue Exceeds 10 Billion Yuan
-
Nippon Magic Paint won the 2022 ELLEDECO Annual Wall Aesthetics Award, depicting colorful life with rich texture
-
Kansai, Sherwin-Williams, Aksu and Other Paint Factories Collectively Raise Prices!
-
The only Asian paint brand on the list', Nippon has been among the top 500 Asian brands for 16 consecutive years
-
Start in August! Nippon, Mitsubishi, Mobil, Wacker, more than a dozen giants collectively raise prices!
-
Nippon invested another 250 million yuan to build a new automotive coatings factory
-
After the 'price hike'! Nippon, Dulux and other paints are 'out of stock'!
-
Nippon, BASF, DSM asset restructuring event!
-
Nippon China has successfully developed anti-viral coil coatings
Recommend Reading
-
637 Million Dollar Deal Samsung Heavy Launches Mozambique FLNG Project as LNG Orders Hit 3.3 Billion
-
DIC Opens Sustainable Food Contact Coatings Production Facility in Indonesia
-
11 Billion Euro Cut BASF Slashes 2025 Outlook as Q2 Earnings Plunge and Strategic Moves Accelerate
-
Up to 197 Percent Profit Surge KANGDA Sees Explosive Growth as Wind Power Drives New Materials Boom
-
400 Million Dollar LNG Deal UAE’s ADNOC Gas Secures Three-Year Supply Pact with Germany’s SEFE
-
October China Urea Market First Depressed Then Improved
-
Lack of Positive Factors Continues to Weaken Polyethylene Market
-
Weak demand leads to a fluctuating decline in phthalic anhydride prices this week in China
-
BDO Market Trends Remain Mostly Cautious
-
Weak Demand Weighs on Butadiene Market