Dear Ganzlin Partner,

thank you very much for your trust and the good cooperation over the past months. We are proud that together we have managed to grant continuity and still be able to react quickly and flexibly.

The situation on the raw materials market for powder coatings is very tense, has unfortunately not eased in recent months and there is no end in sight.

The raw materials for the production of our resins are very scarce and have risen extremely in price. Unfortunately, this development is also evident in the additive and pigment sector and is affecting all powder coatings manufacturers in Europe on the market.

Due to the further increase in raw material costs in the last few months, we see ourselves obliged to adjust the conditions for deliveries as of 1 September.

For polyester and polyurethane powder coatings the increase is € 0.12/kg, for polyester-epoxy powder coatings € 0.24/kg and for pure epoxy powder coatings € 0.36/kg.

The forecasts of the raw material suppliers are still uncertain. We will always calculate and offer the latest prices for you.

If you have any questions, please do not hesitate to contact your Ganzlin customer advisors, the staff of the internal sales department or myself.

With the low margins, price maintenance cannot be guaranteed for a longer period of time for the time being. We also regret that we cannot fix the new conditions even for a certain period of time. If there is positive information, you can be sure that Ganzlin will inform you immediately.

Together with you, we would like to develop further and constantly strive towards our goal: the best possible customer service, high product quality and speed in sampling and order processing, for your success!

We thank you for your understanding and remain

with kind regards

André Beckerman

Ganzlin Coating Powder GmbH