Warrington, UK-Solvay Caprolactones announced 23 Jan that it will increase the price of all its CAPA caprolactone products from 26 Feb 2007 by Euro 170 per tonnes, or local equivalent (10 US cents/lb; $220 /tonne) where contracts and commitments allow.
Solvay said factors driving the price change are higher raw material and logistic costs incurred by the company.
Solvay Caprolactones is a member of the Solvay Chemicals sector of Solvay SA, a Belgian pharmaceuticals and chemical company.
The group increased caprolactone prices twice last year, adding a total of Euro 160/tonnes to CAPA prices.
CAPA polyols are "used extensively" as the soft segment in making a variety of speciality polyurethanes, according to Solvay. Uses include solvent-based TPU adhesives, water-based dispersions and reactive hot-melt adhesives, as well as automotive paints, footwear and medical applications, the group's website says.
Dow Chemicals announced last autumn that it was stopping production in its peroxymeric business-which included caprolactone monomers and polymers, polyols and caprolactone acrylate.
This has left the industry with only Solvay, BASF AG and Daiso, in Japan, as sources of caprolactones. "