Specialty chemicals company, Perstorp, announces price increase on a number of products effective January 1st, 2008, or as existing contracts permit.
Effective January 1st, 2008 or as existing contracts permit Perstorp will increase the price for Pentaerythritol (Penta) by EUR 220/MT in Europe , 10 c/lb in the Americas and USD 340/MT in all other markets; Trimethylolpropane (TMP) by EUR 210/MT in Europe, 15 c/lb in North America and USD 330/MT in all other markets. Neopentyl Glycol (Neo) will increase by EUR 150/MT in Europe, 10 c/lb in North America and USD 220/MT on all other markets.
Furthermore Perstorp will also increase the price for NX 795 ester alcohol in Europe by EUR 50/MT and on overseas markets by USD 75/MT.
Prices are being increased due to substantially higher cost of operation mainly related to raw materials, energy and logistics.