KAZARBARICKA, Hungary (June 12, 2009)-Isocyanates producer BorsodChem is increasing prices for its toluene diisocyanate product range, with immediate effect or as existing contracts and agreements permit.
BorsodChem said it will increase prices for its full TDI product range by about $140 per metric ton in Western and Eastern Europe, while prices in export regions will rise by $200 a ton or higher, depending on destination.
"Price increases in TDI are essential in order to re-establish margin levels and compensate for recent increases in raw materials prices," a BorsodChem spokesman said.