Paint price table adjustment for Sikkens - 28 January 2010
Further to our communication of 25th January 2010 clarifying our paint material price review process, we are pleased to confirm that we will be making an adjustment to our paint price tables for Sikkens on 1st February 2010.
The impact of the detailed data supplied by Akzo Nobel is an average increase of 2.3% on the paint material tables which represent the basket of paint brands used in our system. The detailed data includes individual product prices for primer, basecoat, clear-coat, hardeners, etc., by volume/quantity.
The 2.3% is an indicative percentage for guidance purposes only as the actual increase, per job, will depend upon a number of factors including the specific paint operations (eg new part, surface, repair), paint type, and the surface to be prepared/painted (eg metal vs plastic). All of these factors have been taken into account in our analysis, as has Sikkens’ share of the market.
This adjustment to our paint price tables is in addition to the average 3.25% adjustment made to reflect PPG’s price changes, effective from 1st January 2010, and gives an overall cumulative effect of 5.6% across the basket of paint brands. Subject to receipt of detailed pricing data from Standox, Spies Hecker, Dupont, 3M, Glasurit and R-M, a further adjustment will be made on 1st March 2010.
The 2.3% adjustment for Sikkens will be applied to AudaEnterpriseGold with effect from 1st February 2010 for on-line users, with off-line users being updated as part of our 4th February data release. For further information please contact your Audatex account manager or our Service Desk on 0118 923 5666.
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