Huntsman to Increase Performance Products Pricing in Americas Region
THE WOODLANDS, TX – Huntsman Corporation (NYSE: HUN) today announced that its Performance Products division will increase prices across a range of products in the Americas region, generally by $0.05/lb to as much as $0.10/lb. The price increases are to be effective July 1, 2007, or as applicable contracts allow.
Product categories receiving price increases include surfactants, linear alkylbenzene (LAB), amines, maleic anhydride, propylene oxide (PO) and propylene glycol (PG). Together, these categories include over 40 grades of products that account for over 1.8 billion pounds of production for use in hundreds of applications, including personal care, household detergents, construction materials and adhesives.
Huntsman’s Performance Products division, a leading producer of performance specialties, performance intermediates, and maleic anhydride, said the price increases reflect high raw material and energy costs.
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