Ascend Performance Materials Announces Price Increase for Nylon 6,6 Polymers, Compounds and Fibers

HOUSTON–(BUSINESS WIRE)–Ascend Performance Materials announced today a price increase for its
nylon 6,6 polymers, compounds and fibers due to escalating raw material
costs.

The price increase takes effect Feb. 1, 2018, and includes the following
price changes:

Materials Geography Price Increase Terms

Nylon 6,6 polymers,
compounds and fibers

North America $0.10/lb.
  • As contracts allow
  • Non-contract business – price determined on an order-by-order
    basis

Nylon 6,6 polymers,
compounds and fibers

Europe €0.20/kg.
  • As contracts allow
  • Non-contract business – price determined on an order-by-order
    basis

Nylon 6,6 polymers,
compounds and fibers

Asia $0.22/kg.
  • As contracts allow
  • Non-contract business – price determined on an order-by-order
    basis

Customers should contact their local sales representative for additional
information.

About Ascend Performance Materials

Ascend Performance Materials is a global premium provider of
high-quality plastics, fibers and chemicals and is the world’s largest
integrated producer of PA66 resin. Headquartered in Houston, Texas,
Ascend has eight global locations, including five fully-integrated
manufacturing facilities located in the southeastern United States, all
dedicated to the innovation and safe production of nylon 6,6. With three
of the world’s largest chemical processing facilities, Ascend’s
materials form the building blocks for products used in everyday
applications from apparel to airbags, cable ties to circuit boards and
carpets to car parts. Ascend’s 2,400-person global workforce is
committed to making a difference in the communities we serve and leading
the development of nylon 6,6 solutions that inspire everyone,
everywhere, every day.

Together, we’re making a difference.
Together, we’re inspiring
everyday.

More information about Ascend can be found at www.ascendmaterials.com.

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the
specialty materials, chemicals and healthcare sectors. The firm’s
purpose is to build strong and growing businesses that create
substantial long-term economic value. SK utilizes its industry,
operating and investment experience to identify opportunities to
transform businesses into higher performing organizations with improved
strategic positioning, growth and profitability as well as lower
operating risk. SK Capital’s portfolio companies generate revenues of
approximately $5 billion annually and employ approximately 8,700 people.
The firm currently manages more than $1.9 billion of committed capital.
For more information, please visit www.skcapitalpartners.com.

©2017 Ascend Performance Materials Operations LLC. The Ascend
Performance Materials mark and logo are trademarks or registered
trademarks of Ascend Performance Materials Operations LLC.

Contacts

Ascend Performance Materials
Alison Jahn, +1 713-210-9809
[email protected]