Chemtura to Raise Prices on Polymer Additives for Rubber Industry
MIDDLEBURY, Conn.--(BUSINESS WIRE)--Chemtura Corporation (NYSE:CEM) will increase prices on a range of its polymer additives used primarily by its customers in the rubber industry, effective July 15, 2008, or as contracts allow. The increases, ranging from $0.10-$1.10/kg, are in response to mounting raw material, energy, and transportation costs.
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This table provides details regarding the products affected by this increase. |
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Product |
Increase |
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Amine antioxidants 1 |
$0.15 - $0.60/kg |
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Polyol stabilizers 2 |
$0.20 - $0.25/kg |
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Lowinox(R) CPL |
$1.10/kg |
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Sunproof(R) Waxes |
$0.10/kg |
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Naugard(R) 445 |
$0.10/kg |
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All other products 3 |
$0.10 -$0.50/kg |
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1 Includes Aminox® BLE ®25, BLE® 65, BLE® 70, BLE® 75, Flexzone® 4L, Naugard®Q, Novazone® AS, Octamine®
2 Includes Naugard® PS30, Naugard® PS48 and Naugard® PS4830
3 Includes BIK OT®, Bonding Agent P-1, Hepteen Base®, Naugawhite®, Opex 80®, Royalac® 150 and Trimene Base®.
Customers with questions should please contact their Chemtura representative.
Please visit www.chemtura.com.
