BATON ROUGE, La. (Aug. 18, 2008) — Albemarle Corp. will increase by up to 50 percent the price of its Ethanox 330 polymer antioxidant worldwide, effective Sept. 15 or as contracts and sales agreements allow.
"Albemarle continues to support growing demand for Ethanox 330, but we have experienced unprecedented increases in raw materials, waste handling and disposal costs," said John McChesney, Albemarle global business manager for additives.
Albemarle's Ethanox 330 polymer antioxidant helps maintain the performance integrity and processing stability of polyolefin plastics, elastomers, adhesives and other materials.