Everberg, Belgium - Huntsman Corp.'s Polyurethanes division said 25 Feb that it will increase the price of all of its thermoplastic polyurethane (TPU) range in Europe, Africa, the Middle East and the Indian subcontinent, from 1 March 2010, or as contracts allow.
Prices will increase as follows:
Avalon -- Euro 0.20/kg
Irogran -- Euro 0.20/kg
Irostic -- Euro 0.20/kg
Krystalgran Euro 0.50/kg
Krystalflex -- $1.00/lb (US)
"These price increases are necessary because of the ongoing rise in raw material and feedstock costs, such as benzene, adipic acid, BDO (butanediol) and intermediate polyesters" said Nick Webster, vice president, Europe, in the announcement.
"Price increases for additives such as flame retardants and waxes have also influenced the increase", he added.