INEOS ChlorVinyls has announced a price increase of Euro 25 per dry metric tonne, for June 2010 caustic soda business. This will be applied as contracts permit.
Due to reduced margins on the electro-chemical unit and the continuing low stocks position an additional increase will be applied, on July 1st, for Quarter Three business.
INEOS is a young company. It has grown through a series of related acquisitions to become the world's third largest chemical company with sales today around $47 billion.
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