INDIANAPOLIS, March 17, 2005 (PRNewswire-FirstCall) -- Great Lakes Chemical Corp. announced that its BioLab Water Additives division will increase prices for its industrial water additives products on a global basis.
Prices will increase 15% on all lines of industrial water treatment additives, effective with all shipments after April 1 or as contracts permit. These products include Belclene, Belsperse, Belcor, Bellasol, Belgard and Flocon polymeric and phosphonate antiscalants and corrosion inhibitors. At the same time, prices for bromine-based biocide products will increase; BromiCide by 15% and LiquiBrom by 6-8 c/lb.
The company stated that the new pricing is necessary due to continued unprecedented increases in costs of key raw materials, energy products and logistics coupled with availability concerns for certain key feed stocks due to exceptional global demand.
Based in Lawrenceville, Ga., BioLab Water Additives supplies water treatment products for industrial applications on a global basis.
Great Lakes Chemical Corp. (www.greatlakes.com) is a leading producer of certain specialty chemicals for such applications as water treatment, household cleaners, flame retardants, polymer stabilizers, fire suppressants, and performance products. A publicly traded company, it recently announced an agreement to be acquired for $1.8 billion by Crompton Corp. The combined entity would have had $4.1 million revenues in 2004, with Rohm & Haas and Engelhard as the only larger specialty chemical companies.
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