Perstorp seeks European price increase on oxo-alcohols

20 December 2013 19:42 Source:ICIS News

HOUSTON (ICIS)--Swedish chemicals group Perstorp announced Friday it is seeking a price increase of €85/tonne ($116/tonne) for oxo-alcohols 2ethyl hexanol (2EH) and n-butanol, effective 1 January or as existing contracts allow.

Perstorp stated that it is increasing prices due to higher cost of operation related to raw materials, energy and logistics.

($1 = €0.73)

By Matthew Donovan