Sasol seeks hike on N Amierica oxo-alcohols, glycol ethers

16 January 2014 21:46 Source:ICIS News

HOUSTON (ICIS)--Sasol Chemicals North America announced on Thursday that it is seeking a price increase of 3 cents/lb ($66/tonne) for oxo-alcohol n-butanol (NBA) and glycol ether ethylene glycol monobutyl ether (EB), effective on 1 February.

The increase is not to exceed list prices of $1.23/lb for NBA and $1.34/lb for EB.

In December 2013, Sasol had announced an 8 cents/lb increase on NBA and a 6 cents/lb increase on EB, effective on 1 January.

ICIS-assessed contract prices are currently 88-95 cents/lb for NBA and 86-90 cents/lb for EB.

By Matthew Donovan