VILLEJUST, France (June 8)—Eliokem S.A.S. said it will boost prices on July 1 for its Wingstay phenolic antioxidants by 7 percent where allowed by contracts because of continuing increases in oil and raw material costs.
The company, parent of Eliokem Inc. in Akron, said it expects the unprecedented rise in raw material and energy expenses during the past six months to continue in coming months.