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Momentive, BASF, Scott Bader and Reichhold Announce Raise in Product Prices

Published on 2012-02-24. Author : SpecialChem

The leading companies Momentive, BASF, Scott Bader and Reichhold 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.

Company
Country
Product Name
Price Increase
Date
Momentive Specialty Chemicals Inc.
Europe, the Middle East & Africa
Epoxy Resin Products
€170 per metric ton
March 1, 2012
BASF
Europe
Monoethanolamine (MEOA)
+ 70 EUR/ mt
February 22, 2012
BASF
Europe
Diethanolamine (DEOA)
+ 90 EUR/ mt
February 22, 2012
BASF
Europe
Triethanolamine (TEOA)
+ 90 EUR/ mt
February 22, 2012
Scott Bader
South Africa
Orthophthalic Resins
+R1.25/kg
March 5, 2012
Scott Bader
South Africa
Isophthalic Resins
+R1.40/kg
March 5, 2012
Scott Bader
South Africa
Gelcoats and Compounds
+R1.40/kg
March 5, 2012
Reichhold, Inc.
North America
All unsaturated polyester resins, vinyl ester resins and flame retardant resins
$0.06 per pound increase
March 15, 2012

This action is necessitated by the continuing escalation in the costs of key raw materials and is in addition to previously announced increases.

Sources: Specialchem Editorial Team
Taken from Momentive, BASF, Scott Bader and Reichhold


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