Great Lakes increases antioxidant prices

Great Lakes Chemical Corp. will increase prices worldwide by 10% for Alkanox 240, Anox 20, and Anox PP-18 antioxidants, effective for shipments as of Sept. 15, 2004. The price for Anox NDB and other blends will also increase dependent upon main antioxidant content and value...

INDIANAPOLIS, Aug. 23, 2004 (PRNewswire-FirstCall) -- Great Lakes Chemical Corp. will increase prices worldwide by 10% for Alkanox® 240, Anox® 20, and Anox PP-18 antioxidants, effective for shipments as of Sept. 15, 2004. The price for Anox NDB® (No Dust Blends) and other blends will also increase dependent upon main antioxidant content and value.

"Great Lakes continues to invest in primary antioxidants and we're experiencing both increased costs -- from raw materials, energy, and logistics -- and strong demand in all regions of the world. With the price erosion for main antioxidants in recent years, there is a need to move toward economics that will support reinvestment," stated Doug Excell, Global Business Manager- Main Antioxidants.

Great Lakes' Anox 20 and Anox PP-18 hindered phenolic primary antioxidants provide both processing and long-term heat stability to an extensive range of polymers. Alkanox phosphite secondary antioxidants offer excellent processing stability to most polymers and demonstrate product synergies when combined with hindered phenolic primary antioxidants in Great Lakes' Anox NDB blends.

Through its Polymer Additives division, Great Lakes offers a full line of UV stabilizers, antioxidants, blends, and optical monomers, as well as a leading line of bromine-, phosphorus-, and antimony-based flame retardants and other synergists. The Great Lakes Polymer Additives website is at www.pa.greatlakes.com.

Great Lakes Chemical Corporation is a leading global producer of certain specialty chemicals for such applications as water treatment, specialty household cleaners, flame retardants, polymer stabilizers, fire suppression, and performance chemicals.

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