Product category:
Materials and components
News Release from: Chemtura | Subject: Anox PP18
Edited by the Engineeringtalk Editorial
Team on 12 November 2002
Price rise for hindered phenolic
antioxidant
The price for Great Lakes Chemical Corp Anox PP18 hindered phenolic antioxidant is to increase by 10% in Europe from 1st December 2002.
The price for Great Lakes Chemical Corp Anox PP18 hindered phenolic antioxidant is to increase by 10% in Europe from 1st December 2002 Over the past several years, pricing for hindered phenolic antioxidants has declined to a level that is no longer sustainable
The new pricing reflects cost recovery associated with this product.
"Given the increasing demand for Anox PP18, one of Great Lakes' largest volume, hindered phenolic antioxidants, this price increase is a needed step toward ensuring that the required level of customer support, investment in productivity improvements, and security of adequate supply are in place as healthy growth returns to global markets", said Maurizio Butti, Vice President of Business Management and Marketing, for Great Lakes' Polymer Stabilizers division.
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