Product category:
Materials and components
News Release from: Chemtura | Subject: Firemaster 550/Firemaster 552
Edited by the Engineeringtalk Editorial
Team on 06 June 2005
Raw materials drive flame retardants up
in price
Great Lakes Chemical Corp is increasing prices worldwide on a range of flame retardants.
Great Lakes Chemical Corp is increasing prices worldwide on Firemaster 550/Firemaster 552, Tetrabromophthalic anhydride (PHT4), Tetrabromophthalic anhydride derivatives and HBCD (Hexabromocyclododecane) flame retardants These price increases are in addition to all other increases previously announced and will be effective for shipments beginning 1st July 2005, or as contracts allow
This article was originally published on Engineeringtalk on 5 Jun 2006 at 8.00am (UK)
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Costs drive aluminium alkyl products up
Chemtura Corporation is increasing the prices of the neat portion of its aluminium alkyl products by approximately 30%.
Prices for the Firemaster 550/Firemaster 552 series (proprietary phosphorus and bromine based blend), Tetrabromophthalic anhydride (PHT4) and Tetrabromophthalic anhydride derivatives will increase globally by up to $0.15/lb, respectively.
Prices for HBCD (Hexabromocyclododecane) will increase by up to 5% globally.
The company stated that the new pricing is necessary due to the unprecedented and rapidly increasing costs of key raw materials, energy products, and logistics which have also created significant availability concerns for certain key feed stocks.
Additionally, these pricing actions are consistent with achieving profitability levels needed to support on-going investments required to meet rapidly expanding demand for flame retardant additives in the building and construction industry.
Strong demand is driven by both expanding end use and fire safety regulatory requirements.
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