Huntsman to Increase MDI Prices in Europe
EVERBERG, Belgium.- Huntsman Corporation (NYSE: HUN) announced today that its Polyurethanes division will increase prices in the EAME region for all component MDI products (including all polymeric and pure MDI grades) by euro 100 per tonne on June 1, 2007, or as applicable contracts allow.
Huntsman said the price increases reflect sustained high growth rates for MDI across Europe and rising costs of key raw materials.
The European increase follows an announcement of price rises in the Americas earlier in the month.
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