WAYNE, N.J. (Oct. 7)—International Specialty Products Inc. raised prices on its SBR rubber Sept. 13 or when contracts allow by 3.5 to 4.5 cents per pound, depending on grade.
A previous story appearing on this Web site gave incorrect prices.
The company cited continuously escalating costs of energy, monomers, process oils and carbon black for the increases. ISP said the price hikes will support ISP Elastomers' continued investment at its Port Neches, Texas, plant.
The increases are 4.5 cents for the 1500 series, 3.5 cents for the 1600 series, 4 cents for 1700 series and 3.5 cents for the 1800 series.