Albemarle To Raise Price of ETHANOX 330 Polymer Antioxidant
Albemarle Corporation will increase the price of its ETHANOX 330 polymer antioxidant by up to 50 percent worldwide effective on all orders shipped after September 15, 2008, or as contracts and sales agreements allow.
"Albemarle continues to support growing demand for ETHANOX 330, but we have experienced unprecedented increases in raw materials, waste handling and disposal costs," said John McChesney, Albemarle global business manager-additives. "The price increase will allow continued investment in providing this important product to the polymer market."
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