BASF increases prices for MDI in ASEAN and South Asia

With immediate effect, or as contract terms allow, BASF will increase prices for its Lupranate® MDI (Methylene Diphenyl Diisocyanate) basic products by $200 per metric ton in ASEAN and South Asia. Price adjustments are necessary due to higher raw material costs, as well as continued pressure in the cost of energy and regulatory efforts.  Source: BASF Continue reading BASF increases prices for MDI in ASEAN and South Asia

SONGWON to announce price increase and freight surcharge for Polymer Stabilizers and Coatings

Songwon Industrial Co., Ltd. announced today that it is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation. The price increase will be implemented with immediate effect and/or as contracts allow depending on the product and region. The level of freight … Continue reading SONGWON to announce price increase and freight surcharge for Polymer Stabilizers and Coatings

Sun Chemical to Increase Prices and Surcharges on Inks, Coatings, Consumables, and Adhesives in EMEA

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East and Africa, effective immediately. The current geopolitical situation in Europe continues to upset the unprecedented inflationary trends further, with severe impact onto operating costs—including utilities and labour costs—through the entire supply chain. Sun Chemical continues to strive to find ways of … Continue reading Sun Chemical to Increase Prices and Surcharges on Inks, Coatings, Consumables, and Adhesives in EMEA

WACKER to Raise Prices for Dispersions, Resins and Dispersible Powders from Europe

Effective July 1, 2022, or as customer contracts allow, the WACKER Group is to raise its prices for dispersions, resins and dispersible polymer powders sourced from its production sites in Europe. Prices for these products will be increased by up to 10 percent. This measure has been necessitated by rising costs for raw materials and logistics. Surging costs will also result in an increase in … Continue reading WACKER to Raise Prices for Dispersions, Resins and Dispersible Powders from Europe

Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective June 1st 2022 or as contracts allow. The unprecedented pace of inflationary cost movements continues to further impact the entire spectrum of raw material inputs and packaging components for the ink industry, while raw material availability remains an ongoing concern. The … Continue reading Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

OQ Chemicals Announces Price Increases for Oxo Intermediates in the Americas

OQ Chemicals will increase prices for the following products effective June 1, 2022, or as contracts allow. Source: OQ Chemicals Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by email. Please click the share buttons below and make a comment. xplore further Explore further Explore further Explore further Continue reading OQ Chemicals Announces Price Increases for Oxo Intermediates in the Americas

BYK Additives passes on price increases

BYK, one of the world’s leading suppliers in the field of additives and measuring instruments, will raise its prices for additives by 25 percent (25%), effective from June 1, 2022, or as existing contracts permit. It is important to note that for many of our products the increase may differ substantially depending on the cost dynamics. This step is necessary to maintain the high service … Continue reading BYK Additives passes on price increases

allnex to inrease prices of liquid resins and additives for the americas

Due to the surging feedstock price levels and rising energy costs globally, allnex is facing significant cost increases for key raw materials, transportation and logistics. This situation is forcing us to increase prices across the Liquid Resins and Additives portfolio for the Americas in order to be able to continue supply. The following products will be subject to an increase effective May 1, 2022, or … Continue reading allnex to inrease prices of liquid resins and additives for the americas

WACKER to Raise Prices for Dispersions, Resins and Dispersible Powders Globally

Effective May 1, 2022, or as customer contracts allow, the WACKER Group is to raise its prices for dispersions, resins and dispersible polymer powders globally. Prices for WACKER POLYMERS’ complete product range will be increased by up to 12 percent. This measure has been necessitated by rising costs for raw materials and logistics and by the excessive increase in manufacturing related energy costs. Surging energy … Continue reading WACKER to Raise Prices for Dispersions, Resins and Dispersible Powders Globally

Omya implements Surcharge on Calcium Carbonate products in Europe

Omya announces a temporary surcharge on its Calcium Carbonate products in Europe with immediate effect. With the escalation of the geopolitical situation, Omya has immediately taken measures to ensure business continuity. While it is impossible to predict every potential crisis scenario, Omya Supply Chain Teams across Europe keep closely monitoring the situation. Thanks to the Groups’ strong production footprint, its numerous, strategically spread logistics assets … Continue reading Omya implements Surcharge on Calcium Carbonate products in Europe

LANXESS increases prices for inorganic pigments

The fields of application for synthetic iron and chromium oxide pigments from specialty chemicals company LANXESS are broad. Bayferrox and Colortherm are the main product groups used for coloration in the construction, paints and coatings and plastics industry. These high-tinting-strength inorganic pigments are produced according to strict sustainability criteria. Photo: LANXESS AG Specialty chemicals company LANXESS is imposing global price surcharges for its inorganic pigments … Continue reading LANXESS increases prices for inorganic pigments

LANXESS increases prices for hexanediol

Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts for EUR 1,200 per metric ton. HDO is an important precursor for high performance coatings, fibers, adhesives, polyurethanes, polycarbonate diols, and as reactive diluent for epoxy resins. Source: LANXESS Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and receive notifications of new posts by … Continue reading LANXESS increases prices for hexanediol

Sun Chemical to Globally Increase Prices on Color Materials Portfolio

Sun Chemical will increase prices across selected parts of its pigments, dyes and preparations portfolio, effective February 14, 2022 or as contracts allow. The price increase affects all market segments. Continuous inflationary pressure and further price spikes for key raw materials continue to drive cost increases. Additionally, the strong impact of the global transportation crisis and inflation on the different components of the manufacturing process are … Continue reading Sun Chemical to Globally Increase Prices on Color Materials Portfolio

Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

Sun Chemical will increase prices across its entire portfolio of packaging, commercial sheetfed, and screen inks, coatings, consumables, and adhesives in Europe, Middle East, Africa, effective immediately or as contracts allow. The unprecedented pace of inflationary cost movements continues to impact the entire spectrum of raw material inputs and packaging components for the ink industry, while raw material availability remains an ongoing concern. In addition, the … Continue reading Sun Chemical to Increase Prices on Inks, Coatings, Consumables, and Adhesives in EMEA

BYK Additives to pass on price increases by 15 percent for additives

BYK, one of the world’s leading suppliers in the field of additives and measuring instruments, will raise its prices for additives by 15 percent (15%), effective from January 1, 2022. Please note that for single products the increase may differ substantially depending on the cost situation. This step is necessary to maintain the high service and innovation level of BYK Additives to its customers in … Continue reading BYK Additives to pass on price increases by 15 percent for additives

BASF to increase prices for its additives for paint and coatings industry globally | Price increases of up to 35%

Effective today, as existing contracts allow, BASF is increasing prices for its additives for the paint and coatings industry globally, such as Attagel®, Dispex®, Efka®, Foamaster®, FoamStar®, Hydropalat®, Irgafos®, Irganox®, Loxanol®, Rheovis®, Sterocoll®, Tinuvin® and Uvinul® grades. Price increases of up to 35% are needed to compensate for surging raw material, transportation, and energy costs, as well as other rising costs, including labor, packaging and … Continue reading BASF to increase prices for its additives for paint and coatings industry globally | Price increases of up to 35%

BASF to increase prices for Neopentyl Glycol and 1,6-Hexanediol in Europe

With immediate effect or as existing contracts permit BASF is increasing the prices of the polyalcohols Neopentyl Glycol (NPG) and 1,6-Hexanediol (HDO) in Europe: Product                                        Price Increase Neopentyl Glycol (NPG)                + 400 EUR/mt 1,6-Hexanediol (HDO)                   + 1.000 EUR/mt       Neopentyl Glycol (NPG) is a high-quality intermediate used, for example, to produce polyester resins for coatings, unsaturated polyester resins, lubricants and plasticizers. 1,6-Hexanediol (HDO) is used to … Continue reading BASF to increase prices for Neopentyl Glycol and 1,6-Hexanediol in Europe

IGM Resins to announce price increase for its photoinitiator portfolio as per November 1st

Due to continued significant increases in costs, IGM Resins is announcing further price increases on its Omnirad™, Esacure™ and Omnipol™ photoinitiator portfolio.  Key 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 will be effective as … Continue reading IGM Resins to announce price increase for its photoinitiator portfolio as per November 1st

Clariant to increase prices for Pigments & Pigment Preparations

Powder Pigments Prices will rise by 11,00 USD/Kg for all PR122 and PV19 grades with country of origin China Prices will rise by 9,00 USD/Kg for PR122 – all other grades Prices will rise by 13,25 USD/Kg for PV19 – all other grades Preparations Prices will increase based on the specific pigment content Clariant, a focused and innovative specialty chemical company, announced global price increases … Continue reading Clariant to increase prices for Pigments & Pigment Preparations

Huntsman to Implement Natural Gas Surcharge on MDI Sales in Europe

Huntsman Corporation announced that it was implementing a natural gas surcharge of Euros 125 per tonne on all sales of MDI in Europe, Africa, the Middle East and India, in response to the unfortunate and unprecedented natural gas price increases in the region. The surcharge will be effective 1st October 2021 and is in addition to any previously announced MDI price increases. European natural gas prices … Continue reading Huntsman to Implement Natural Gas Surcharge on MDI Sales in Europe

WACKER to Raise Prices for Dispersions and Dispersible Polymer Powders in Asia

WACKER, the Munich-based chemical group, is to raise its prices for VINNAPAS® dispersions and dispersible polymer powders in Asia. Effective September 15, 2021, prices for its complete product range will rise by up to ten percent, or as customer contracts allow. This measure has been necessitated by the increase in raw-material costs and the extreme tightness of various raw materials. Source: WACKER Note to readers: … Continue reading WACKER to Raise Prices for Dispersions and Dispersible Polymer Powders in Asia

LANXESS to increase prices for inorganic pigments

Specialty chemical company LANXESS is raising its prices for its inorganic pigment products worldwide with immediate effect. Prices for iron oxide pigments will increase by a minimum of EUR 200 per metric ton, for chromium oxide pigments by a minimum of EUR 300 per metric ton and for ferrites by a minimum of EUR 250 per metric ton, or their equivalent in local currency. In … Continue reading LANXESS to increase prices for inorganic pigments

BASF to raise prices in North America for diols, polyetheramines, performance additives

BASF has announced price increases for diols, formulation and performance additives, and select polyetheramines in North America. The company says it will raise its price effective 1 October or as contracts allow for 1,4-butanediol (BDO) by $0.14 per pound (lb), with derivatives gamma-butyrolactone, n-methylpyrrolidone, tetrahydrofuran, 2-pyrrolidone, n-(2-hydroxyethyl)-2-pyrrolidone (HEP), and n-octyl-2-pyrrolidone to be hiked by $0.15/lb. Polytetramethylene ether glycol will rise by a nominated $0.18/lb. BDO … Continue reading BASF to raise prices in North America for diols, polyetheramines, performance additives

DOW to Increase Dowanol Price in North America

Effective September 1, 2021, or as contracts allow, The Dow Chemical Company, on behalf of itself and its applicable consolidated subsidiaries (“Dow”), will increase list and off-list prices by the amounts listed below on all grades and package types of the following products in North America: DOWANOL™ EPH $0.25DOWANOL™ PPH $0.25 Source: DOW Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to our website and … Continue reading DOW to Increase Dowanol Price in North America

Sun Chemical to Increase Prices on Inks, Coatings and Adhesives in Latin America

Due to a combination of raw material and transportation cost increases, Sun Chemical will increase prices on its inks, coatings and adhesives in Latin America. “Continued pressure in the raw materials market has forced us to increase prices in Latin America,” said Fernando Tavara, President, Sun Chemical Latin America. “As we expect this environment to continue throughout the rest of the year, our main priority … Continue reading Sun Chemical to Increase Prices on Inks, Coatings and Adhesives in Latin America

Axalta to Announce Global Price Increases

 Axalta, a leading global supplier of liquid and powder coatings, today announced that it will implement additional price increases across all of its global lines of business due to continued inflationary pressures. The increases will be effective immediately or as permissible by contract. Since the beginning of 2021, the cost of raw materials used in the manufacturing of coatings has increased significantly, and non-raw material … Continue reading Axalta to Announce Global Price Increases

Global Price Increase on Phenolic resins by allnex

Effective July 1, 2021, allnex is globally raising prices of all its phenolic resins, following continued significant increases in raw material, packaging, energy and logistics prices. Depending on the grade and product family, prices will be increased up to 10%.Deviations might be possible on a case-by-case basis. The increase will be applicable on all shipments as of July 15, 2021, or as contracts allow. Source: allnex Note … Continue reading Global Price Increase on Phenolic resins by allnex

Clariant to Announce Additive Price Increases

Effective immediately, Clariant will increase the prices of its additives by up to 25%. The adjustments will be applied globally to all wax additives, performance polymers, halogen-free flame retardants, stabilizers and other performance additives. The move is necessary due to the cumulative impact of continued raw material cost increases, challenges in the availability of raw materials, and rapid rises in energy and freight costs. Clariant’s … Continue reading Clariant to Announce Additive Price Increases

WACKER to Increase Surcharge for Dispersible Polymer Powder

Due to rising raw material and logistics costs, WACKER intends to raise its temporary surcharge on VINNAPAS® dispersible polymer powder which has been effective since May this year. The surcharge will now be 510 EUR instead of formerly 400 EUR per metric ton. It will be applied for all orders shipped as of July and August. The measure is temporary and ensures a fair and … Continue reading WACKER to Increase Surcharge for Dispersible Polymer Powder