IGM Resins Announces Price Increase for Its Photoinitiator Portfolio

WAALWIJK, Netherlands — IGM Resins announced that due to continued significant increases in costs, the company is implementing further price increases on its Omnirad™, Esacure™ and Omnipol™ photoinitiator portfolio. IGM Resins reports that the drivers for these increases are the impact of the global shortage for several key raw materials for the production of photoinitiators and the excessive increase in energy and transportation costs over the last months, impacting IGM’s costs position with immediate effect. The increases became effective Nov. 1, 2021, and vary per product per region.

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