Huntsman to Increase Polyetheramine, Ethyleneamine and Carbonate Prices in Europe
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Huntsman Corporation announced that its Performance Products division will increase prices in Europe for its polyetheramine, ethyleneamine and carbonate products, as listed below. The increases will be effective June 15, 2010, or as applicable contracts allow:
JEFFAMINE(R) D series amines: 50 - 100 Euros per MT
JEFFAMINE(R) T series amines: 75 - 100 Euros per MT
All other polyetheramines: 75 - 150 Euros per MT
EDA, DETA & TEPA: 200 Euros per MT
TETA: 250 Euros per MT
All other ethyleneamines: 150 Euros per MT
JEFFSOL(R) carbonates: 75 - 100 Euros per MT
John Smyth, Vice President, EMEA, for the Huntsman Performance Products division said: "These price increases are necessary to address the continuing increase in base chemical prices and to ensure Huntsman can continue to invest in these product lines, as shown by our new ethyleneamines plant in Saudi Arabia and recent announcements on polyetheramines expansions in both Llanelli, Wales and Singapore".