Bluestar Silicones Announces Price Increase In North America Effective July 1, 2014

May 27, 2014, 14:46 ET from Bluestar Silicones

EAST BRUNSWICK, N.J., May 27, 2014 /PRNewswire/ -- Bluestar Silicones, a $650 million integrated global silicones manufacturer, announces it will increase prices of its silicone products 10 to 12 percent in North America, effective July 1.

Bluestar Silicones has worked diligently to mitigate the impact of rising costs through new product development, productivity gains and a variety of cost-control programs.  Key market indicators suggest continued increases in materials, services and labor costs.

Bluestar Silicones remains committed to developing innovative solutions, investing to support market growth needs, partnering with customers to achieve high performance results and maintaining the highest service levels in the industry.

The company intends to remain a sustainable partner to support the growing needs of the silicone market now and in the future.

About Bluestar Silicones

With worldwide operations headquartered in Lyon, France, Bluestar Silicones is a $650 million worldwide silicones raw material manufacturer. The company is one of the world's leading fully integrated global silicones manufacturers with more than 60 years of silicone expertise. Bluestar Group acquired Elkem in 2011, one of the world's leading companies for silicon for silicones, solar grade silicon, special alloys, carbon and microsilica.

Bluestar Silicones has manufacturing operations throughout the world and combines upstream silicon metal operations and capacity with downstream silicone market and application development expertise. The company offers a comprehensive range of silicone technologies in support of diverse specialty markets including paper release, textile coatings, healthcare, moldmaking, automotive, aerospace, and personal care. For more information, call (866) 474-6342.

Press Contact:
Karen O'Keefe, (732) 227-2089

SOURCE Bluestar Silicones