KING OF PRUSSIA, Pa., June 6, 2013 (GLOBE NEWSWIRE) -- Arkema will be increasing prices on its Luperox® and Vul-Cup® organic peroxide products in the Americas by $0.10 - $0.20/lb. ($0.22 - $0.44/kg), effective June 30, 2013, or as contracts allow. This adjustment is necessitated by increases in raw material and transportation costs, particularly for controlled temperature products, as well as safety and regulatory investments needed for reliable supply.
A global chemical company and France's leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, some 14,000 employees and 10 research centers, Arkema should generate annual revenue of approximately $8.3 billion, and holds leadership positions in all its markets with a portfolio of internationally recognized brands.
Arkema Inc. to increase prices on Luperox and Vul-Cup organic peroxide products
| Source: Arkema Inc.