A brand new web site devoted to Mosaico, the Burgo Group’s business unit which manufactures and commercializes specialty papers.
Profitability in the board and paper industry has been sliding for a number of years. Costs have been rising heavily. The increase has been especially strong in wood and energy prices. At the same time, sales prices have not compensated for the cost escalation despite price increases for some grades. It is clear that price increases are needed to improve profitability.
Rock-Tenn Company (NYSE: RKT) announced today a $65.00 per ton price increase on CartonMate(R) bleached paperboard. The price increase is effective with shipments on July 26, 2008.
One of the largest process control projects in the world undertaken by Alcoa World Alumina and Honeywell, QUASAR (Quality Automation Solutions in Alumina Refining), was awarded Engineers Australias 2007 National Project Excellence Award in Automation, Control and Instrumentation at an awards ceremony in Melbourne this month.
As of July 1st, 2008, BASF will be raising its prices globally up to 400 Euro per metric ton across its portfolio of Styrenic Copolymer Specialties and Engineering Plastics. This includes the Styrenic Copolymer Specialties Luran S (ASA and ASA/PC), Terluran (ABS)-Specialties, Terlux (MABS), Luran HH (AMSAN), Luran (SAN), Terblend N (ABS/PA), Styroflex (SBC) and the Engineering Plastics Ultramid, Miramid, Capron, Nypel (PA), Ultradur (PBT) and Ultraform (POM).
Effective immediately, or as existing contracts permit, BASF will increase prices for polyetheramines in Asia, Europe and South America by 5-10% depending on the type of product. BASF had previously increased the prices for polyetheramines in the NAFTA region effective May 1st at the same rate.
Effective July 1st, 2008, or as contracts allow, BASF will increase prices in Europe, Africa and Western Asia for polymer dispersions and additives by 80-100 per metric ton and for polymer powders by 160 per metric ton.
