IHS Chemical Week

Economics :: Prices

Huntsman Boosts Global Polyurethane and MDI Prices

9:36 AM MDT | March 10, 2008 | RC

Huntsman says it is increasing prices globally for methylene di-para-phenylene isocyanate (MDI) and polyurethane, citing costs of feedstocks and reinvestments. Prices will increase by 8 cts/lb in the NAFTA region, by €150/ton in Africa, India, Europe, and the Mideast, and by $150/ton in the Asia/Pacific region. All increases are effective April 1 or as contracts allow. Despite price increases in 2007, further increases are needed to “ensure margins that will underpin our future investments that are required to support customers’ growth,”...

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