Ascend Performance Materials announces price increase for intermediate materials
Ascend Performance Materials announced today a price increase for a number of its intermediate materials, including acrylonitrile, hexamethylene diamine, adiponitrile and adipic acid. The price increase is due to the rise in raw material costs that are currently affecting Ascend’s business, according to John Ferguson, Ascend’s global business director, intermediate materials.
The price increase takes effect September 15, or as contracts allow, and includes the following materials and terms:
| Material | Price Increase | Terms |
|---|---|---|
| Acrylonitrile (AN) | $0.13/lb | As contracts allow Non-contract business – price determined on an order-by-order basis |
| Hexamethylene Diamine (HMD) | $0.14/lb | As contracts allow Non-contract business – price determined on an order-by-order basis |
| Adiponitrile (ADN) | $0.14/lb | As contracts allow Non-contract business – price determined on an order-by-order basis |
| Adipic Acid (AA) | $0.03/lb | As contracts allow Non-contract business – price determined on an order-by-order basis |
Customers should contact their local sales representative for additional information.
Thank you for your interest in Ascend Performance Materials
Page Title: Ascend Performance Materials announces price increase for intermediate materials
Page URL: https://www.ascendmaterials.com/news/ascend-performance-materials-announces-price-increase-for-intermediate-mate/
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