16 March 2005 18:16 [Source: ICIS news]
HOUSTON (CNI)--Wyandotte, Michigan-based BASF said Wednesday it seeks to raise prices for the North American urethane slab foam market by 6 cent/pound, effective 1 April.?xml:namespace>
The company said the increase, equal to $132/tonne, would be in addition to a March 8 cent/pound price increase.
Larry Berkowski, director of BASF’s urethane chemicals, said: “This increase reflects current market conditions that include growing demand for these materials and escalating costs.”
It was not clear if customers would accept the proposed increases.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|