Price increase in Europe announced by Huntsman

21-Jun-2006

Huntsman Polyurethanes is to increase the price of all thermoplastic polyurethanes (TPU) grades by EUR200 / tonne in Europe, Africa & Middle East effective 1 July 2006 or as early as contracts allow. The rise affects all TPU grades in the Huntsman product range.

"This price increase reflects the relentless increases of raw material and feedstock costs, mainly originating from record-high crude oil and natural gas, which continue to impact the cost of raw materials such as benzene, adipic acid, intermediate polyesters and consequently TPU products," says Nick Webster, Vice President, Europe, Africa & Middle East.

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