Perstorp will increase the price for TMP and Neo effective April 1st, 2009 or as existing contracts permit.
Effective April 1st, 2009 or as existing contracts permit Perstorp will increase the price for Trimethylolpropane (TMP) by EUR 75/MT in Europe, 4 c/lb in North America and USD 100/MT in all other markets. Neopentyl Glycol (Neo) will increase by EUR 85/MT in Europe, 5 c/lb in North America and USD 110/MT on all other markets.
Prices are being increased due to higher cost of operation mainly related to raw materials.