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North Charleston, South Carolina-based Ingevity announced a general price increase effective April 1 – to exceed upwards of 50% in certain markets and regions – for tall oil fatty acid and distilled tall oil products and derivatives, citing continued supply and demand imbalance as well as increasing raw materials, logistics and packaging costs. Tall oil fatty-acid based derivatives are used in automotive and industrial lubricants.  OQ Chemicals announced on Feb. 14 that due to supply and demand and increased raw material costs, it will increase prices for isononanoic acid, used in synthetic lubricants, effective immediately by 19 cents per pound in North America and Mexico.

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