Degussa raises prices for all grades of hydrogen peroxide in North America
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Effective December 1, 2002, or as contract terms allow, Degussa is increasing the price for all grades of hydrogen peroxide in North America, not to exceed current list price. The implementation of this price increase is necessary in order to offset eroding margins and high fixed costs as well as to return the business to an acceptable level of performance. The price increase is US $0.03 per pound (100% basis) or CAN $100.00 per metric ton (100% basis).