MDI prices increase
During the past few years, methylene diphenyl diicyanate (MDI) prices have risen because of growing demand and tight supplies of chemicals used to produce polyisocyanurate insulation, as well as increasing natural gas prices. According to suppliers, the increased demand for MDI could continue through 2007.
NRCA recommends roofing contractors communicate with their suppliers to get accurate information about MDI availability. In addition, contractors can include price-escalation language in their contracts to protect themselves from the increasing prices.
For more information about sample price-escalation language, contact Chrystine Hanus, NRCA's executive assistant, at (847) 299-9070, Ext. 7522, or e-mail firstname.lastname@example.org.
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