24 February 2012
Leading specialty chemicals company Perstorp will increase price for Purified Isophthalic Acid (PIA) with effect from 1 March or as existing contracts permit.
With effect from 1 March or as existing contracts permit, Perstorp will increase the price of Purified Isophthalic Acid (PIA) by US$150/MT (or €120/MT) in Asia Pacific, Middle East & Africa and Europe.
The price increase is necessary due to higher operating costs mainly from raw materials and energy prices. Monthly prices continue to be offered only.