OQ CHEMICALS
Global price hikes for oxo intermediates and derivates
(Photo: PIE) |
Strong demand and rising raw material costs has led OQ Chemicals (formerly Oxea, Monheim am Rhein / Germany; www.chemicals.oq.com) to announce several price increases for oxo intermediate products and derivates in the Americas, Europe, and other regions, with effect from 1 October 2021.
In Europe, prices are to be raised for:
NPG is used as a main component in polyester resins for paints, unsaturated polyesters, lubricants and plasticisers. Butylene glycol is widely used in cosmetics, for pharmaceutical applications as well as in polymers. Amines have wide-ranging applications as emulsifiers, matrices for composites or pharmaceutical components among others. Carboxylic acids can be used in the manufacture of products such as phthalate-free plasticisers.
In Europe, prices are to be raised for:
- 1,3 butylene glycol: The industrial and cosmetic qualities are to increase by USD 150/t (EUR 128/t)
- Amines: Isopropylamine and n-octylamine by EUR 150/t each; n-butylamine, di-n-butylamine and tri-n-butylamine by EUR 200/t each; 2-ethylhexylamine and di-2-ethylhexylamine by EUR 100/t each
- Neopentyl glycol (NPG): Slurry NPG by EUR 90/t, molten and flakes by EUR 100/t each
- Carboxylic acids: n-heptanoic acid and pelargonic acid by EUR 85/t each.
NPG is used as a main component in polyester resins for paints, unsaturated polyesters, lubricants and plasticisers. Butylene glycol is widely used in cosmetics, for pharmaceutical applications as well as in polymers. Amines have wide-ranging applications as emulsifiers, matrices for composites or pharmaceutical components among others. Carboxylic acids can be used in the manufacture of products such as phthalate-free plasticisers.
17.09.2021 Plasteurope.com [248599-0]
Published on 17.09.2021