Degussa raises global fumed silica, special oxide prices

16 August 2000 14:11  [Source: ICIS news]

LONDON (CNI)--German chemicals company Degussa-Huls is to raise fumed silica and special oxides prices outside the North America Free Trade Area (Nafta) region from 1 October.

It said Wednesday that prices for Aerosil standard fumed silica grades will be increased by 6% and prices of special oxides will be raised by more than 6%.

A spokeswoman for Degussa-Huls said the exact price rises will vary according to grade and application. She was unable to provide further details.

Degussa-Huls put up prices of fumed silica and special oxides within the Nafta region in May. Prices were raised by an average of 5%.

It explained that significant increases in the cost of raw materials, employment, freight and environmental protection measures were responsible for the decision to raise fumed silica prices. Degussa-Huls added that higher research and development (R&D) were also a factor in the decision to increase special oxides prices.

In June Degussa-Huls announced a 5% price rise for precipitated silicas and silicates, blaming energy cost increases for the move.

By: Neil Sinclair
+44 20 8652 3214

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