Süd-Chemie to increase prices for SORBACID product group of Hydrotalcite products
Süd-Chemie AG intends to increase the prices for their SORBACID® product group of Hydrotalcite products from the 1st January 2011 by 8% or as the individual contracts allow. The incessant increase in prices for raw materials, energy and transportation makes the rise in prices of the entire SORBACID® product group necessary.
The products manufactured by Süd-Chemie in Moosburg under the brand names SORBACID® and HYCITE® are used as stabilisers for the plastic material PVC during processing (SORBACID®) and to stabilise the plastics polypropylene and polyethylene (HYCITE®). In these cases, they replace the environmentally-harmful stabilisers previously used which contain lead and heavy metal compounds.
In 2008, Süd-Chemie had invested around EUR 20 million at the Moosburg site, tripling its hydrotalcite production capacity from 5,000 tons to 15,000 tons per year. Due to the additional rise in the demand for Süd-Chemie’s hydrotalcite which is expected over the next few years, consideration is already being given to extending production capacities even further.
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