The Petroleum Additives business of Chemtura Corporation last Monday announced a price increase on its detergents products (Hybase®, Lobase®, Calcinate, Barium®, Surchem®) of 11 cents per kilogram effective Sept. 20, 2013, or as contracts allow.
On the same day, Chemtura also announced a price increase on its calcium sulfonate complex grease (G-2000 series) products of 11 cents per kilogram effective Sept. 20, 2013, or as contracts allow. In both instances, Chemtura stated that this price increase is due to recent raw material costs increases.
Approximately one week prior, Chemtura announced a price increase on its Naugalube® ADPA products (Naugalube® 438L, Naugalube® 640, Naugalube® 680 and Naugalube® 750) of 50 cents per kilo effective Sept. 15, 2013. The company also.announced price increases on its natural fatty acid based lubricants and its Diphenylamine (DPA).
Chemturas Petroleum Additives business comprises a broad portfolio of lubricant additives, synthetic basestocks and synthetic finished lubricants used in a wide range of applications and industries. Chemtura Corporation, with 2012 sales of $2.6 billion,(1) is a global manufacturer and marketer of specialty chemicals, agrochemicals and pool, spa and home care products.
(1) 2012 net sales of $2.6 billion reflects discontinued operations treatment for the sale of Chemtura's plastic antioxidants business.
