Perstorp increases several prices

18-Sep-2006

Effective October 1st, 2006 or as existing contracts permit Perstorp will increase the price for

- Pentaerythritol (Penta) by EUR 250/MT in Europe , 12 c/lb in North America and USD 300/MT in all other markets;

- Trimethylolpropane (TMP) by EUR 120/MT in Europe, 10 c/lb in North America and USD 200/MT in all other markets

- Neopentyl Glycol (Neo) by EUR 190/MT in Europe, 11c/lb in North America and USD 240/MT on all other markets.

- NX 795 ester alcohol by EUR 50/MT in Europe, 3 c/lb in North America and USD 70/MT on all other markets.

- Carboxylic acids: 2-Ethylhexanoic acid (2-EHA) by EUR 70/MT in Europe, 6c/lb in North America and by USD 150/MT on all other markets and Propionic Acid by EUR 50/MT in Europe and by USD 60/MT on all other markets

- Calcium Formate by EUR 50/MT.

According to the company, prices are being increased due to the market conditions and substantial higher cost of operation mainly related to raw materials, energy and logistics. Some of the products are currently subject to longer lead times.

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