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Manila Times Business

Sekisui Specialty Chemicals Announces Global Price Increase

DALLAS, Oct. 2, 2026 /PRNewswire/ -- Sekisui Specialty Chemicals announced today that it will increase the price of Selvol® Polyvinyl Alcohol, Selvol Ultiloc®, Selvol Ultalux®, and Selvol Premiol® products up to the amounts shown in the table.RegionIncrease:North America$220/mtLatin America$220/mtAsia$220/mtEMEA200€/mt Sekisui Specialty Chemicals remains committed to meeting customers' needs with high quality products. The increase will take effect on October 15th, 2026, or as contracts and agre

Context & Analysis

The price revision lands at a time when many Philippine manufacturers are still managing the aftereffects of higher freight, energy and raw-material volatility. Polyvinyl alcohol may sound niche, but it appears in everyday industrial inputs: water-based adhesives, coatings, textile sizing, paper treatments, packaging films and some construction materials. For local companies that import Selvol grades or use them as a key resin, the announcement is less about one supplier than about a broader repricing of specialty chemicals across regions.

This matters because the Philippines remains an importer of many high-performance chemical inputs, even when finished goods are assembled locally. If downstream producers absorb the added cost, margins can thin in sectors such as packaging, printing, paper processing, textiles and coatings. If they pass costs forward, the impact may show up later in product prices, service charges or tender submissions rather than immediately at retail. The dollar-denominated increase for Asia also means landed costs can fluctuate with the peso, shipping rates and port congestion, making budgeting less predictable.

For businesses, the practical response is to check which products are affected, how much PVA is in a bill of materials, and whether contract terms allow price adjustment or substitution. Some firms may qualify for alternative grades or regional suppliers, but switching can require retesting for compatibility and quality standards. Procurement teams should also monitor competitor announcements, because one supplier’s increase often invites others to revise their own pricing if feedstock costs remain elevated.

Watch next for whether the rise becomes industry-wide, how quickly contract renewals are pushed, and whether local distributors adjust quotes before customers notice it in invoices. For investors and policymakers, the signal is modest but useful: global industrial input costs can still nudge Philippine manufacturing even when domestic demand is stabilizing.

Analysis by IJE Software — original commentary on the story above.

This is an excerpt. Read the full article at the original source:

Source: manilatimes.net

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