ATLANTA—Huber Martinswerk, part of the Huber Engineered Materials division of J.M. Huber Corp., is raising alumina hydrate product prices by up to 15 percent depending on product grade and packaging.
The increase affects its Martoxid and Compalox aluminum oxides, Martinal and Hydral fine precipitated hydrates and all other alumina trihydrate grades, according to a company news release.
The European price increase went into effect Dec. 1, and the North America and Asia Pacific increases will begin Jan. 1. Current contracts will be honored, Huber said.
Prices for Magnifin, Zerogen and Vertex magnesium hydroxides and Kemgard smoke suppressants will increase within the mid-single-digit percent range.
Tightness in the supply of chemical grade alumina hydrate caused significant cost increases, and increases in other raw materials, energy, CO2 credits and freight contributed to the need for price increases, Huber said.
Huber is a supplier of halogen-free fire retardants and smoke suppressants.