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INEOS ChlorVinyls announces Caustic Soda price increase
24 Mar '10
1 min read
INEOS ChlorVinyls has announced a price increase of Euro 60 per dry metric tonne on Quarter Two 2010 caustic soda contracts.
This increase is necessary due to reduced margins on the electro-chemical unit and the shortage of caustic soda availability as the maintenance season begins. Domestic demand for caustic soda continues to increase across Europe and each of the INEOS Chlor caustic soda producing sites will have planned maintenance outages during the next three months.
The new prices are effective for contract business from 1st April 2010; for new or non-contract business they are effective immediately.
This increase is necessary due to reduced margins on the electro-chemical unit and the shortage of caustic soda availability as the maintenance season begins. Domestic demand for caustic soda continues to increase across Europe and each of the INEOS Chlor caustic soda producing sites will have planned maintenance outages during the next three months.
The new prices are effective for contract business from 1st April 2010; for new or non-contract business they are effective immediately.
INEOS ChlorVinyls
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