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Chemtura Raising Prices On Polymer Additives

Specialty chemical maker said it will raise prices on polymer additives used primarily by the rubber industry because of mounting raw material, energy and transportation costs.

MIDDLEBURY, Conn. (AP) -- Specialty chemical maker Chemtura Corp. said Wednesday it will raise prices on polymer additives used primarily by the rubber industry because of mounting raw material, energy and transportation costs.

Effective July 15, or as contracts allow, price increases will range from 10 cents per kilogram to $1.10 per kilogram. A kilogram is about 2.2 pounds.

In popular usage, "polymers" are understood as plastics.

Chemtura said price increases will apply to amine antioxidants, polyol stabilizers, Lowinox CPL, Sunproof waxes, Naugard 445, among other products.

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