March 16 (yourpetrochemicalnews) -- INEOS ChlorVinyls has today announced a price increase
of Euro 60 per dry metric tonne on Quarter Two 2010 caustic soda contracts.
This increase is necessary due to reduced margins on the electro-chemical
unit and the shortage of caustic soda availability as the maintenance season
begins. Domestic demand for caustic soda continues to increase across Europe and
each of the INEOS Chlor caustic soda producing sites will have
planned maintenance outages during the next three months.
The new prices are effective for contract business from 1st April 2010; for
new or non-contract business they are effective immediately.
mrcplast.com |