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Hexion, Eastman, Dow Chemical and Chemtura Announce Increase in Resin Price

Published on 2010-10-15. Author : SpecialChem

The Leading Companies Hexion, Eastman, Dow Chemical and Chemtura have decided to increase the price of some of their products, as listed in the table below. This price increase is necessary to support continued investment in reliable supply.

Country

Company

Product Name

Price Increase

Date

Globally Momentive Specialty Chemicals AXILATTM redispersible powders 7% to 10%December 1, or as contracts allow
Globally Eastman Eastman™ Ethyl Acetate, Urethane Grad $US 0.03/lb ($US 0.066/kg November 1, or as contracts allow
Europe Dow Chemical Company Nitrocellulose Products 30 percentImmediately
All regions Chemtura DE-83R™, Firemaster® 2100R, BA-59P™ and BA-59P Derivatives 25%Immediately
Table 1: Price Increase Announcement by Leading Companies

This action is driven by the increase of raw materials, packaging and freight costs.

Sources: Specialchem Editorial Team
Taken from Hexion, Eastman, Dow Chemical and Chemtura Websites


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