Huntsman raises Performance Products price in North America
29 Jul '08
1 min read
Huntsman Corporation announced that effective August 1, 2008, or as applicable contracts allow, its Performance Products Division will increase list and off-list prices for all grades of surfactants products in North America as provided in the chart below.
Additionally, as of August 1, 2008 Huntsman will rescind the Temporary Voluntary Allowance (TVA) provided as part of the July 1, 2008 increase.
Huntsman said these increases are necessary due to sharp increases in raw material and energy costs, higher costs for transportation, energy, labor and maintenance; as well as higher cost for reinvestment capital.