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News

Great Lakes raises prices for clear brine fluids

Great Lakes Chemical Corporation : 06 December, 2004  (Company News)
Great Lakes Chemical Corp is increasing the list prices in all regions for calcium bromide, zinc bromide/calcium bromide solution, and sodium bromide for shipments beginning 1 January 2005, or as contracts allow.
Great Lakes Chemical Corp is increasing the list prices in all regions for calcium bromide, zinc bromide/calcium bromide solution, and sodium bromide for shipments beginning 1 January 2005, or as contracts allow.

The new list prices per pound for these products (in bulk) ex-works will be:
*calcium bromide - US$0.27/lb (increase of 17%);
*zinc bromide/calcium bromide solution - US$0.48/lb (increase of 7%); and
*sodium bromide - US$0.25/lb (increase of 14%);

'The new pricing is because of the continued inflation of key raw materials, energy, and logistics costs during a period of high bromine demand and tight supply,' stated Scott Baxter, Global Business Manager, Clear Brine Fluids. 'The price increases are necessary in order to maintain our position as a reliable supplier of quality brominated clear brine fluids and to achieve re-investment economics.'
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