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[December 2008]
Albemarle to Raise Prices of Aluminium Specialty Chemicals
Albemarle Corporation (Baton Rouge, FL, USA), a world leader in the development and marketing of aluminium trihydroxide and other specialty aluminas for flame retardants, fillers and other industrial applications, will increase prices for these products by 15% to 25% on all shipments made on or after 1 January 2009, or as contracts allow. The company said that the increases were needed to help offset the rapidly escalating raw material prices, raw material freight costs and energy costs required to manufacture these products.
The price increases will take effect for all of the following products:
MARTINAL® aluminium trihydroxide (ATH) flame retardants
MARTIFIN® aluminium trihydroxide (ATH) for paper application
MARTOXID® specialty aluminium oxide products
COMPALOX® activated aluminium oxide"Raw material prices continue to escalate, particularly for crude ATH and energy, and these costs have forced us to raise prices for our own products as well," said Wolfgang Hardtke, Global Business Director of Aluminium Specialty Chemicals. "Coal and lignite prices are steadily growing and we are evaluating the impact of CO2 emission certificates on our business. We remain focused and committed to delivering high quality products that deliver value to our customers."
Plastics compounders and polymer manufacturers use Albemarle's MARTINAL flame retardants and technical services to add life-saving properties to wire & cable, roofing, flooring, pipe and other building and construction materials. MARTINAL fillers are also used to improve injection-moulded plastic parts, insulating foams and certain electrical and electronic parts.
Albemarle's specialty ATH products are applied as fillers and coating pigments in the paper and board industry (MARTIFIN specialty pigments); as high quality calcined aluminas for the industrial ceramics, refractory and surface treatment industries (MARTOXID aluminium oxides); and as adsorbents and catalysts in chemical processes and environmental protection (COMPALOX activated aluminas).
ENDS