Oxea plans to raise list and off-list prices for several solvents across several regions, while Kraton Polymers said it will raise prices on SBS-based polymers and compounds in Europe, Africa and the Middle East. Pilot Chemical will raise surfactant prices and implement allocations for surfactants.
Oberhausen, Germany-based Oxea on Sept. 15 said it would increase off-list prices on a variety of solvents – butyl acetate, butanol, propyl acetate and propanol – by 3 cents per pound in the United States, Canada and Mexico; by $66 per metric ton in South and Central America; and by $66/mt in Asia, Africa and the Middle East effective Oct. 1 or as contracts allow.
This increase is in addition to any previously announced mid quarter price increase, the company stated. Oxea reserves the right to make any adjustments to this announcement as a result of the impact of hurricane Ike.
Houston-based Kraton Polymers on Sept. 16 said it would raise prices no later than Oct. 1, or as contracts allow, by 150 (U.S. $215) per metric ton in Europe, Africa and the Middle East for its SBS (styrene-butadiene-styrene block) and O/E (oil extended) polymers and compounds. SBS polymers can be used in lubricants and other applications ranging from personal care to paving.
Kraton said it continues to experience unprecedented raw material cost increases. New record prices are being set for our primary raw materials, and we are obliged to implement further price increases, the company explained.
Pilot Chemical announced Sept. 15 that is will raise list and off-list pricing, effective Oct. 15 or as contracts allow, for a wide range of its surfactants, including its oil-soluble Aristonate-branded products. Price increases will range from 1 cent per pound to as much as 6.5 cents per pound for some specialties.
In addition to price increases, Cincinnati-based Pilot said it is instituting “order control” during the next 30 days, when customers will be limited to their average weekly off-take of Pilot products. The company also cautioned that customers should expect additional lead times during the period.
Pilot Vice President Glynn Goertzen attributed the price increases to rapidly increasing caustic, sulfur, feedstock and transportation costs.