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Dow Chemical Will Raise Its Prices for Oxygenated Solvents by 5 to 9 Cents/lb

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Core Tip: Dow Chemical will raise its prices for oxygenated solvents by 5 to 9 cents/lb starting February 15, it said in a Friday letter to customers that was obtained by Platts on Monday. Dow

Dow Chemical will raise its prices for oxygenated solvents by 5 to 9 cents/lb starting February 15, it said in a Friday letter to customers that was obtained by Platts on Monday.

Dow said it will increase acetone and acetone derivatives, including methyl isobutyl ketone 9 cents/lb ($198/mt), while increasing other oxygenated solvents, including normal butanol, 2-ethylhexanol and normal butyl acetate 5 cents/lb.

The increases follow hikes by producers for February 1 of as much as 6 cents/lb on acetone, 15 cents/lb on MIBK, 5-6 cents/lb on normal butanol and 3-6 cents/lb increases for 2-ethylhexanol and normal butyle acetate.

Dow last week said it would implement 100% order control on oxygenated solvents, including 2-ethylhexanol, normal butanol, normal butyl acetate, MIBK and acetone. Under order controls, suppliers do not permit buyers to exceed their typical level of purchases.

 
 
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