GEO Announces Cumene Hydroperoxide (CHP) Price Increase

23-Sep-2002
Gibbstown, Sept. 18, 2002 - The Peroxy chemicals Group of chemicals/order_t/'>GEO Specialty Chemicals has announced that it will raise the list price on cumene hydroperoxide (CHP). The price increase affects all grades of cumene hydroperoxides including Liqua-Cup(R) CHP, Liqua-Cup(R) CHP lite, Liqua-Cup(R) CHP Lite HA, GEO CHP, GEO CHP lite and GEO CHP lite HA. Prices will increase by $0.09/lb. Prices for these products have remained stable for many years because of GEO's ability to implement efficient manufacturing practices and favorable purchases of key raw materials. The announced price increase is due to continued price increases of raw materials, the increasing costs associated with environmental compliance and unacceptable margins. Prices will be effective October 1, 2002, or as contracts permit.

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