HOUSTON (ICIS)--Hexion is seeking a price increase on its bisphenol A (BPA) in North America for mid-October, according to a press release.
The company plans to raise off-list prices for BPA by 5 cents/lb ($110/tonne), effective 15 October or as contracts allow.
A company spokesperson was not immediately available for comment.
The global BPA markets are facing upward pressure due to healthy demand from downstream epoxy resins and polycarbonate, along from turnaround activity.
ICIS had assessed the US September liquid epoxy resin contract price at $1.54-1.59/lb DEL (delivered) North America.
Major US epoxy resin producers include Hexion, Huntsman and Olin.
Pictured: Walls made from polycarbonate (PC), which BPA is used to produce.
Source: View Pictures/REX/Shutterstock