Items Tagged with 'price increases'

Packaging, chemical treatment, product form and logistics will determine how individual grades and market segments are affected.

One adjustment is already in effect for European CASE materials, while a second increase for North American rigid grades begins Oct. 1.

The Sept. 1 adjustment covers two carboxylic acids and two specialty esters used in coatings and other industrial applications.

The Sept. 1 adjustment covers every grade and package size of a key intermediate used in polyester resins and powder coatings.

The increases affect two raw materials used in polyester resins, industrial coatings and epoxy systems as BASF points to rising raw-material costs.

LANXESS is raising prices for adipic acid by an average of €150 per ton worldwide, effective immediately.

North America and Mexico adjustments range from 2 to 4 cents per pound, while South America and other markets use metric-ton increases.

The Aug. 1 adjustments cover alcohols, aldehydes, acetate and neopentyl glycol, with increases quoted for Europe and other markets.

The benchmark later retreated, but disruptions along two critical trade routes kept energy-supply concerns in focus.

Preliminary concerns center on possible coordination over future price increases and also involve three trade associations.