Jacksonville, Florida - Teckrez announced Friday that it expects continued raw material, freight, and other supporting costs to continue increasing but such dynamics will not change its commitment of assured supply to its customers.
Below is a letter addressed to Teckrez customers from Thomas C. Eckhardt, Chief Executive Officer, wherein Mr. Eckhardt discusses the Company's intent to work closely with its customers and supply partners in dealing with the unique challenges prevalent in today's market.
Jacksonville, Florida - Teckrez will increase the price of hydrocarbon tackifiers (resins) on March 1, 2021 or as contracts allow. These changes are needed to counter the impact of significant increases in marine shipping, US duties, and producer transfer costs. Increases will range between 15% and 20% and apply to all Teckrez® C5, C59, C95, CH, H5, HM, and HF products.
Please contact your Teckrez sales or customer service representative with questions or for more information.
Jacksonville, Florida - Teckrez has announced an increase of $0.35/lb on glacial methacrylic acid (GMAA) in drums to be effective January 1, 2021. The price of GMAA has increased with strong global demand and reduced availability. Major Asian producers have restricted the amount of GMAA exported to North America and a US producer has announced a plant shut down. Implementation of the increase will vary in accordance with customer supply agreements and contracts.
Jacksonville, Florida - Teckrez has announced an increase of $0.06/lb on all rosin resin products effective December 1, 2020. The increase is required to offset significant increases in the price of gum rosin. Gum rosin prices are being driven up by strong Asian demand. Implementation of the increase will vary in accordance with customer supply agreements and contracts.
Jacksonville, Florida - Teckrez has announced an increase of $0.04/lb on all hydrocarbon resin products effective November 1, 2020. The increase is required to offset higher marine shipping and product costs.
.Jacksonville, Florida - Teckrez has been actively making a case to the United States Trade Representative that 301 tariff exclusions on Hydrocarbon Resins should continue. Unfortunately, the USTR has decided not to continue the 301 tariff exclusion for “granular hydrocarbons.” Their notice to us is posted below.
RE: Comment Number: USTR-2020-0025-57306
The purpose of this letter is to inform you that the United States Trade Representative (USTR) has completed, in accordance with USTR’s notice published on June 25, 2020 (84 FR 49600), an evaluation of the possible extension of certain exclusions from the $16 Billion Trade Action (List 2).
USTR has determined not to extend exclusion 20(v)(3) (Granular hydrocarbon resins, each pellet not larger than 1 cm in any dimension and having a melting point greater than 95 degrees C but not greater than 105 degrees C, presented in immediate packings of paper, paperboard or kraft paper weighing with their contents greater than 23 kg but not greater than 27 kg (described in statistical reporting number 3911.10.0000)).
Further information regarding exclusions from the $16 Billion Trade Action (List 2) is available on the USTR website here.
The Office of the United States Trade Representative
Columbus, Ohio – With the recent passing of Professor Hans J. Reich, esteemed educator and pioneer in the field of Physical Organic Chemistry and NMR Spectroscopy, the American Chemical Society (ACS) Division of Organic Chemistry has formed a committee and an advisory board to create a new website based upon the vast resources in organic chemistry assembled by Prof. Reich over the past thirty years. Dr. Wayne Goldenberg, who earned his Ph.D. under Prof. Reich at UW-Madison, has been selected to be on this advisory board.
Prof. Reich was considered a world-renowned expert in NMR Spectroscopy for chemical structure elucidation. Chemists, scientists, and educators from around the world contacted him for assistance in analyzing NMR spectra as well as for his extensive knowledge in organic chemistry and its uses in today’s ever-evolving applications. This committee and advisory board were established jointly by the UW‑Madison Chemistry Dept. and the ACS as a means of honoring Prof. Reich and retaining his all‑encompassing resources for use by the many chemists and researchers around the globe still vested in his efforts.
Dr. Goldenberg is currently the Director of Specialty Monomers & Chemicals Division at Teckrez, Inc., a leading supplier of tackifier resins and acrylic monomers based in Jacksonville, Florida.
For more information, please visit Teckrez, Inc. at www.teckrez.com and the newly-created ACS organic chemistry resources website at www.organicchemistrydata.org/hansreich/.
Teckrez, a leading international supplier of tackifier resins and specialty chemicals, announced that Kim Meidl will be the new Director of Resins. She will be responsible for driving growth in targeted markets to include end-of-line packaging, pressure-sensitive tapes and labels, construction, product assembly and other specialties.
“Teckrez looks forward to bolstering its reputation as a preferred supplier of the raw materials that impart unique characteristics to formulated products,” says Marc Jackson, president of Teckrez. “We are fortunate to have someone of Kim’s experience and stature join our team. Her addition complements our group of knowledgeable industry veterans.”
Kim brings 24 years of experience in the commercial chemical industry, with recent and relevant focus in the pine chemicals industry. During her time in pine chemicals, Kim served as a global business manager for the adhesives and pavement marking businesses at Ingevity Corporation. Kim also brings expertise in lubricants, rubber chemicals, and paper chemical markets. She holds a Bachelor of Science in Chemistry, with an Emphasis in Business, from the University of Wisconsin-Eau Claire.
“I am honored to join the Teckrez team and am determined to help position the company for growth in the resins market,” says Kim Meidl. “The TECKREZ® hydrocarbon resins and TECKROS® rosin lines currently provide our customers with the widest tackifier range in the industry. With several novel hydrocarbon resins recently added to the line, we are well positioned for growth in North America.”
Teckrez, a leading international supplier of tackifier resins and specialty chemicals, announced that Wayne Goldenberg, Ph.D. will direct the company’s newly formed Specialty Monomers and Chemicals Group. Dr. Goldenberg will drive growth in targeted acrylic monomer market segments, as well as provide his considerable product development and sales channel experience in assisting Teckrez partners and customers to achieve their goals.
“Teckrez looks forward to its emerging role as a trusted supplier to the wide variety of companies that use specialty monomers,” says Marc Jackson, president of Teckrez. “Wayne’s knowledge of specialty monomer products and their associated handling and distribution means Teckrez provides customers with creative and flexible supply options. His chemical expertise will be valuable to customers wanting novel formulating approaches or solutions to technical application challenges.”
Dr. Goldenberg brings 15 years of experience in the commercial chemical industry with a focus in specialty acrylate and methacrylate monomers. He also spent 6 years in the petroleum industry with expertise in product development, technical support, marketing and sales management for laboratory instrumentation.
“I am honored to join the Teckrez team and help position the company for growth in acrylic monomers from the MONTECK® product line,” says Dr. Goldenberg. “The TECKREZ® hydrocarbon resin and TECKROS® rosin lines currently provide our customers with the widest tackifier range in the industry. With the expansion into acrylate and methacrylate monomers, the combined Teckrez product lines will be among the highest quality and widest ranging in the industry.”
To facilitate Teckrez’ s expansion into acrylic monomers, the company has added two new packaging and warehousing facilities in Houston and Philadelphia to support its growing monomer customer base.
Dr. Goldenberg earned his Ph.D. in Organic Chemistry from the University of Wisconsin at Madison under Prof. Hans Reich, and a B.A. in Chemistry from the University of Colorado at Boulder. He has been published nine times in peer-reviewed publications including Environmental Science & Technology, American Journal of Industrial Medicine, Archive for Organic Chemistry, Organic Letters, and Journal of the American Chemical Society (JACS).
Teckrez, a company specializing in tackifiers and acrylic monomers, announced novel additions to its hydrogenated hydrocarbon product line. The novel products include hydrogenated C9 resins that range in softening point from 100 to 140degC. The new grades feature a broad range of compatibility in polymers from ethylene vinyl acetate (EVA) to metallocene-catalyzed polyolefins (mPO). The increased range of compatibility stems from tightly controlled molecular weight distribution and varying levels of styrene modification.
The Teckrez HF, HA, and HM series hydrogenated C9 resins are produced by Henghe Materials and Science and marketed by Teckrez in North America to producers of adhesives, sealants, and coatings.
"We believe these new resins will be game-changers for our customers. They open up new performance options for traditional hot melt adhesive platforms," says Marc Jackson, president of Teckrez. "These products represent the latest output from Henghe's significant investment in capacity and capability to produce high quality C9 resins."
"Experimental quantities of the new resins are now available to Teckrez customers," continues Jackson. "We invite formulators to contact us to learn how these products can enhance the value of their formulas through improved adhesion, mileage, and physical properties."