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Huntsman increases polymeric MDI prices for CIS countries, Europe, Asia and Africa

November 07/2013

MOSCOW (MRC) -- The Polyurethanes division of Huntsman has announced a EUR70/tonne price increase on a product by product basis for polymeric MDI in the EAME region (Europe, Africa, Middle East, Turkey and Former Soviet Union) from 1 November 2013 or as applicable contracts allow, reported GV.

Nick Webster, Vice President, Europe for Polyurethanes, said: "We are implementing this price increase to recover margins that help us achieve long-term reinvestment economics to support customer growth".

As MRC informed previously, this summer, Huntsman Corp. signed a definitive agreement to acquire Oxid LP, a privately-held manufacturer and marketer of specialty urethane polyols based in Houston, Texas. Oxid's polyols are a key component in the production of energy-saving polyurethane insulation products that are used in residential and commercial construction.

Huntsman is a global manufacturer and marketer of differentiated chemicals. Our operating companies manufacture products for a variety of global industries, including chemicals, plastics, automotive, aviation, textiles, footwear, paints and coatings, construction, technology, agriculture, health care, detergent, personal care, furniture, appliances and packaging.
Author:Margaret Volkova
Tags:Africa, Near East, Europe, SNG, poliuretan, car components, Furniture, Medicine, footwear, construction, packaging, tekstil, paints and coatings, personal hygiene articles, Huntsman, Turkey.
Category:General News
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