Health Business Week
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Health Business Week
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Albemarle Corporation
Albemarle To Raise Prices of Fuel & Lubricant Antioxidants
July 4th, 2008
Albemarle Corporation (NYSE:ALB), a leading developer and manufacturer of antioxidants for lubricants and petroleum and biodiesel fuels, will increase prices worldwide for its ETHANOX(R) fuel and lubricant antioxidants. Price increases will range from US $0.30 to US $0.60 per kilogram, depending on product, region and packaging for all shipments taking place as of July 15, 2008, or as contracts allow. "Rising costs of raw materials, energy and transportation, in addition to REACH-related regulatory support, make it necessary for us to implement this price increase now," said John McChesney, manager of Albemarle's global additives business. ...
Source: Health Business Week (2008-07-04)
|
