Great Lakes announces antimony price ingreases
INDIANAPOLIS, Indiana – March 27, 2002 – Great Lakes Chemical Corporation today announced that, effective April 5, 2002, where contracts allow, the company will increase the price for all grades of antimony trioxides in the Americas. The price for all grades of antimony trioxides (TMS®, Timonox®, TRUTINT®, MICROFINE® and other grades) will be increased by $0.07/lb. Concurrently, pricing for these products will increase by $150/MT in Europe and the Asia Pacific region. The price for other antimony derivatives will also increase dependent upon antimony content.
The new pricing reflects recent increases in the London Metal Bulletin (LMB) value for antimony metal, as well as the low profitability of the industry today.
Antimony trioxides are used as a synergist, along with brominated flame retardants, in flame retardant polymer formulations with wide application in the electrical and electronics market. Antimony trioxides are also used in high performance PVC applications that demand flame retardancy.
Great Lakes Chemical Corporation is the world's leading producer of certain specialty chemicals for such applications as water treatment, flame retardants, polymer stabilizers, fire extinguishants, and performance chemicals. The stock of the company is traded on the New York Stock Exchange.
Other news from the department research and development
