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People & Business :: Earnings/Finance

Momentive Specialty Chemicals announces price increases

9:03 AM MST | January 21, 2013 | Lindsay Frost

Momentive Specialty Chemicals announced several price increases, effective 1 February, due to “significant” increases in raw material prices—most notably for propylene, benzene, styrene, surfactants, and acrylic monomers. In the United States and Canada, all of the company’s acrylic, styrene acrylic, vinyl acrylic, and other polymers used in the adhesives, textiles, nonwovens, and other specialty markets will increase by 5–8 cts/wet lb. Also in the Americas, prices for epoxy resins, bisphenol A (BPA), and allylics will increase...

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