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Ascend hikes prices for intermediates

September 14/2020

MOSCOW (MRC) -- Ascend Performance Materials (Houston) says it will increase prices immediately for adiponitrile (ADN), acrylonitrile (ACN), adipic acid, and hexamethylenediamine (HMDA), reported Chemweek.

The prices of ADN and HMD have each been raised by USD100/metric ton, while ACN has been increased by USD85/metric ton. The price of adipic acid has been hiked by USD80/metric ton. All the price rises are as contracts allow, Ascend says.

As MRC informed before, in February, 2020, Ascend Performance Materials, an integrated polyamide (PA) 66 supplier, signed an agreement to purchase Poliblend and Esseti Plast GD from DТOttavio Groupo The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA 66, PA 6, PBT and POM. 

ACN is a feedstock for the production of acrylonitrile-butadiene-styrene (ABS).

According to MRC's ScanPlast report, the estimated consumption decreased in January-June 2020 by 18% year on year in the Russian ABS sector, totalling 19,360 tonnes. 2,680 tonnes of ABS plastics were processed in Russia in June 2020.

Ascend Performance Materials is a global leader in the production of Nylon 6,6.


mrcplast.com
Author:Margaret Volkova
Tags:Europe, PS, ABS, akrilonitril, compounding, poliamid, Ascend Performance Materials, Italy, Russia.
Category:General News
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