Corrected: Huntsman seeks N Amer ethyleneamine price hike

06 May 2005 16:00  [Source: ICIS news]

HOUSTON (CNI)--Huntsman Performance Products will seek to increase list and off-list prices for its ethyleneamines in North America, effective 1 June or as contracts allow. In a story first published by CNI on 5 May, it was stated mistakenly that Huntsman would seek to raise prices worldwide.

 

We apologise for any inconvenience this error may have caused. A corrected version of the story follows in full:

 

HOUSTON (CNI)--Huntsman Performance Products said Thursday it will seek to increase list and off-list prices in North America for its ethyleneamines, effective 1 June or as contracts allow.

 

The company said the price hike for E100 and TEPA ethyleneamines will be 8 cents/pound ($176.32/tonne). TETA ethyleneamines will increase by 15 cents/pound. EDA and AEEA ethyleneamines prices will increase by 5 cents/pound, while AEP and DETA ethyleneamines prices will rise by 3 cents/pound.

 

A company spokesperson said the higher prices represented an average increase of 5% from current list and off-list prices.

 

Huntsman said the price hikes “reflect continued upward pressure on energy and feedstock costs and a continuing high demand for ethyleneamine products.”

 

It was not clear if customers would accept the proposed increases. 

 

Huntsman Performance Products is a division of Huntsman Corporation, The Woodlands, Texas-based global manufacturer and marketer of commodity and differentiated chemicals.


By: Brian Balboa
+1 713 525 2653



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