MONHEIM AM RHEIN, Germany – OQ Chemicals announced that due to supply and demand, an unprecedented rise in energy prices, and increased raw material costs, the company will increase prices for certain products effective Jan. 1, 2022, or as contracts allow.
In Europe, 2-methylbutyric acid, isopentanoic acid, isovaleric acid, and n-valeric acid will increase €100/mt. In the United States, these products will increase $0.05/lb, and in ROW they will increase $120/mt.
Isobutyric acid and n- butyric acid will increase €200/mt in Europe, $0.11/lb in the United States, and $240/mt in ROW.
Isononanoic acid, n-heptanoic acid, pelargonic acid, and OXLUBE L9-TMP will increase €250/mt in Europe, $0.14/lb in the United States, and $300/mt in ROW.
In Europe, OXSOFT 3G8, OXFILM 351 and 2-ethylhexanoic acid will increase €420/mt. These products will increase $0.23/lb in the United States and $500/mt in ROW.
Learn more at https://chemicals.oq.com.