This announcement reflects the recent surge in both gas and oil prices.
Even before the war in Ukraine, MMA suppliers struggled with rising costs.
While the magnitude of the increase exceeds past proposals, it does not come as a surprise.
The dramatic surge of both gas and oil prices will most certainly mean buyers will experience hefty offers in the coming months.
Several other companies have also issued price increases from €250/mt to €450/mt, such as for compounds and engineering resins.