Ashland increases prices of specialty application products

Posted in Latest News on July 21, 2010

Ashland Aqualon Functional Ingredients will increase the price for its products sold into the global energy and specialty products markets by 3 to 8 percent effective August 1, or as contracts allow. Pricing increases for a number of raw materials, notably cellulose, chlorine, ethylene oxide and propylene oxide, prompted this global price adjustment, says the company.  

Ashland Aqualon Functional Ingredients is a worldwide producer of hydrocolloids, primarily cellulose ethers. It provides specialty additives and functional ingredients that manage the physical properties of aqueous and non-aqueous systems including rheology control, water retention, bonding strength, film formation, conditioning, deposition and stabilization. Many of its products – used in paint and coatings, construction, food, personal care, pharmaceuticals, oil and gas field production and specialty industries – are derived from renewable and natural raw materials.  

Ashland operates through five commercial units: Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Consumer Markets (Valvoline) and Ashland Distribution. 

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