|
GREAT LAKES INCREASES THE PRICE OF FLAME RETARDANTS
06 December 2004 - Great Lakes Chemical Corporation
| Great Lakes Chemical Corp is increasing the price worldwide by 20% for all of its bromine-based flame retardants, and by US$0.35/kg for all phosphorus-based flame retardants within its Polymer Additives Division. |
Great Lakes Chemical Corp is increasing the price worldwide by 20% for all of its bromine-based flame retardants, and by US$0.35/kg for all phosphorus-based flame retardants within its Polymer Additives Division. The changes will become effective for shipments beginning 1 January 2005, or as contracts allow. These price increases are in addition to all other increases previously announced. The company stated that the new pricing is necessary because of the unprecedented and rapidly increasing costs of key raw materials, energy products and logistics, fast growing end-use demand, and significant availability concerns for certain key feed stocks. Additionally, this pricing action is necessary to raise the profitability levels to a point where investment is viable.
http://www.pa.greatlakes.com
About: Great Lakes Chemical Corporation
Great Lakes Chemical Corp’s products and services help treat and purify water, eliminate germs and contaminants from household surfaces, protect against and extinguish fire, and enhance the stability and performance of a wide range of consumer products, such as computers, electronics, cars, packaging, building materials, and furniture. It serve its customers around the world through an integrated network of research, production, sales, distribution and technical services facilities. The stock of the company is traded on the New York Stock Exchange. Great Lakes Chemical Corporation is the world’s leading producer of certain specialty chemicals for such applications as water treatment, household cleaners, flame retardants, polymer stabilizers, fire suppression, and performance chemicals. Through its Polymer Additives division, Great Lakes offers a full line of UV stabilizers, antioxidants, additive blends , nucleating agents/clarifiers, and optical monomers, as well as a leading line of flame retardants that include bromine-, phosphorus-, and antimony-based flame retardants and other synergists. These are available as powder blends or in NDB (No Dust Blend) granular form. Each blend contains exactly the correct composition of additives required to achieve optimum polymer quality and productivity. |
More News:
• For December 2004
• From Great Lakes Chemical Corporation
• For Additives and Chemicals
|
