Huntsman raises prices of TIOXIDE pigments in Asia Pacific by $150/te
30 Jun '08
1 min read
The Pigments division of Huntsman Corporation announced that it will increase prices of all TIOXIDE titanium dioxide pigments sold in Asia Pacific by $150/te (USD) effective from 1st of August 2008 or as applicable contracts allow.
This increase is in addition to the energy surcharge announcement of the 27th of June 2008 and all previously announced price increases.
Despite a relentless drive to improve efficiencies and implement cost reduction programmes, Huntsman said that the price increases are necessary to address the significant increases in costs of primary input chemicals, energy and freight affecting our industry.
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