Oxea implemented price hikes effective March 1, or as contracts allow, on
several types of chemicals used in lubricants. Oberhausen,
Germany-based Oxea increased list and off-list prices for six amines effective
March 1 by EUR60 to EUR100 per metric ton in Europe, USD90 to USD140/t in Asia
and Latin America, and 4 to 6 cents per pound in the United States. Amines are
used in lubricant additives and corrosion inhibitors. The company
raised list and off-list price increases for four carboxylic acids effective
March 1 by EUR80 to EUR100/t in Europe, 5 to 15 cents per pound in North
America, and USD100 to USD130/t in the rest of the world. Carboxylic acids are
used in synthetic lubricants. Oxea also raised prices 10 cents per
pound in North America, and EUR150/t in Europe on two polyols, neopentylglycol
and trimethylolpropane, which are used in synthetic lubricants.
mrcplast.com
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