SONGWON Industrial Co., Ltd. announced that prices for all its polymer stabilizers products will be raised by up to 10%, depending on the product line and region. This additional upward price adjustments are necessary due to higher raw material, energy and logistics costs and follows the price increases related to freight rates surge already announced in December 2020. The price increase is effective immediately or … Continue reading SONGWON to announce global price increases for its polymer stabilizers

Specialty chemical company LANXESS is raising its prices for iron oxide and chrome oxide pigments worldwide with immediate effect. Prices for iron oxide pigments will increase by EUR 110 per metric ton and for chrome oxide pigments by EUR 220 per metric ton or its equivalent in local currency. Customers will be contacted individually regarding the specifics of the measure as it applies to their … Continue reading LANXESS to increase prices for inorganic pigments

Hexion Inc. announced that it will increase the prices of its Cardura™ Glycidyl Ester, VeoVa™ monomers and Versatic™ Acids globally for all products shipped on or after March 1, 2021, or as contract terms allow.  Prices of all above mentioned products will increase by $175/MT or 150 Euro/MT.  This price adjustment is primarily driven by continued increases of key raw material and logistical costs. All … Continue reading Hexion to Raise Prices for Cardura™ Glycidyl Ester, VeoVa™ Monomers and Versatic™ Acids

Due to very strong demand and a general increase in raw material costs, Perstorp will increase the price for Pentaerythritol (Penta). The increase will be effective as of January 1st 2021 or as existing contracts allow. Increases are as follows: Pentaerythritol North America      + 0,14 USD/lb  Europe      + 225 Euro/ MT ROW     + 300 USD/MT  Source: Perstorp Note to … Continue reading Perstorp to announce price increase for Pentaerythritol (Penta)

Effective January 1, 2021 due to continued inflationary pressures in energy, raw materials, freight, and logistics, allnex will increase prices across our portfolio of Crosslinking resins in the Americas region. This price increase applies to all products sold under the Aerotex®, Cycat®, Cymel®, Cyrez®, Etermino®, and Setamine® trademarks. Depending on the grade and the product family, both list and off-list prices will be increased up … Continue reading Price Increase on Amino resins in Americas by allnex

 allnex announced today that due to the continued increase in raw material costs, driven by increasingly tight supply, the company is forced to raise the price of its Solventborne and Waterborne Resins portfolio sold in Europe, Middle East and Africa. The price of products in the portfolio will be increased depending on the grade. The adjustment will be effective for all shipments as of January … Continue reading Price Increase on Solventborne and Waterborne Resins Product Portfolio in Europe, EMEA by allnex

Effective January 1, 2021 or as existing contracts permit, BASF will increase its prices in the United States and Canada for select polyetheramine products. Product                                                                           Price Increase Polyetheramine D230M  … Continue reading BASF to increase prices for select polyetheramines in U.S. and Canada

With immediate effect or as existing contracts permit BASF is further increasing the price for Neopentylglycol (NPG) in Europe by 200 Euro/ton (MT). This price increase is in addition to the price increase for NPG communicated on November 10, 2020 by 150 Euro/ton (MT) in Europe. NPG is a unique polyalcohol that has proven itself in many applications, especially in the production of polyester and … Continue reading BASF to increase price for Neopentylglycol in Europe

Effective January 1st, 2021, Perstorp Oxo AB will increase its selling prices for 2-Ethylhexanoic Acid by five (5) cts/lb in the US market. All terms, conditions, and differentials will remain the same.This action is necessary due to supply and demand as well as increased raw material prices. Your understanding and support is much appreciated. Source: Perstorp Note to readers: Please follow us on LinkedIn ,Twitter and YouTube and subscribe to … Continue reading Price increase for 2-Ethylhexanoic Acid by Perstorp

With immediate effect, or as existing contracts permit, BASF SE will increase its European selling prices for the following products: 1,4-Butanediol (BDO)                                            + 300 EUR/mt Tetrahydrofuran (THF)                                      … Continue reading BASF to increase prices for butanediol, diols, dimethylaminopropylamine and derivatives in Europe

With immediate effect or as existing contracts permit BASF is increasing the price for Neopentylglycol (NPG) as follows: Regions:                              Price Increase: Europe                                 + 150 Euro/ton (MT) Asia (w/o China)                   + 180 US-Dollar/ton (MT) South America                     + 180 US-Dollar/ton (MT) North America                      … Continue reading BASF to increase price for Neopentylglycol

Against the background of recent global feedstock developments, the business unit Methacrylate Resins of Röhm Group is announcing a p Against the background of recent global feedstock developments, the business unit Methacrylate Resins of Röhm Group is announcing a price increase of up to five percent for DEGALAN®, DEGAROUTE® and DEGADUR® resins effective November 1, 2020. The increase varies depending on region and single product. … Continue reading Price increase for DEGALAN®, DEGAROUTE® and DEGADUR® resins

Due to strong demand and a general cost increase Perstorp will increase the price for Trimethylolpropane (TMP) and Pentaerythritol (Penta). The price increases will be effective as of October 1, 2020, or as existing contracts permit. Increases are as follows: North America Trimethylolpropane (TMP) USD +0.05/lb  Pentaerythritol (Penta) USD +0.05/lb EMEA Trimethylolpropane (TMP) +80 EUR/MT  Pentaerythritol (Penta) +80 EUR/MT Source: Perstorp Note to readers: Please follow … Continue reading Price increase for TMP and Penta by Perstorp