Dow, BASF, Taminco and Oxea announced increases in prices for lubricants and lubricant-related chemicals.
Dow Chemicals polyglycols, surfactants and fluids unit effective June 1 will raise prices up to 15 percent, varying by product or as contracts permit, on its North America lubricants (Ucon brand) products.
Midland, Mich.-headquartered Dow cited current market conditions and escalating manufacturing costs as factors, noting that feedstock availability and pricing remain volatile.
Effective May 16, or as contracts allow, BASF increased prices globally up to 9 percent for its Emgard line of synthetic lubricants. Emgard is a registered trademark of Cognis, which is now part of BASF, of Ludwigshafen, Germany.
The price adjustments are necessary due to significantly increased raw material costs, BASF stated.
Taminco of Ghent, Belgium, increased prices May 15 in North America by 5 to 25 cents per pound on three types of solvents, and by 5 cents per pound on three types of methylamines. In addition, Taminco announced a prorated increase to the same price levels for methylamines solutions, based on solution concentration. Methylamines are used in biocides and in metalworking fluids.
Oberhausen, Germany-based Oxea will bump up list and off-list prices on a variety of solvents by 3 to 10 cents per pound in the United States, Canada and Mexico, and by $66 to $220 per metric ton in South and Central America, Africa and the Middle East, effective June 1 or as contracts allow.