Dow Raises Phenol Price 5 Cents
Dow Chemical U.S.A. announced a list price increase of 5 cents a pound for phenol, effective Jan. 1, 1987. This moves the list price from 27 cents a pound to 32 cents a pound.Current selling prices will be increased by 5 cents a pound less a 2-cent temporary competitive allowance.
Dow said the increase is due to real benzene cost increases over the past few months, which producers have not been able to pass onto customers.
Virginia Chemicals is increasing its off-list prices for 2- ethylhexylamin e and n-octylamine, effective Jan. 1. 1987.
New prices are as follows: 2-ethylhexylamine is being raised 4 cents a pound, and n-octylamine is increasing by 6 cents a pound.
Virginia said both increases are attributed to higher raw material costs.
The company also said raw material costs for some other amines have increased, adding that mild transcient shortages have been experienced in some products.
Production of Rosins
Rose During October
Overall production of tall oil fatty acids rose in October 1986 when compared with the preceding month, according to statistics from the Pulp Chemical Association.
Output of 2 percent-and-over rosin totaled 17.7 million pounds in October, an increase of 11.9 percent from the previous month's total of 15.8 million pounds. Production of less-than-2 percent rosin rose 33.7 percent from the previous month's total of 16.3 million pounds to 21.8 million pounds in October.
Domestic disposition moved up in the month, with 2 percent-and-over rosin increasing 11.3 percent from September's level of 14.8 million pounds to 16.4 million pounds in October, and less-than-2 percent rosin rose 21.4 percent
from 15.5 million pounds in September to 17.3 million pounds one month later.
Exports in October increased also. Shipments of 2 percent-and-over rosin moved up 21.4 percent to 2.9 million pounds from September's total of 2.4 million pounds, and less-than-2 percent rosin rose 217.6 percent from September's total of 1.0 million pounds to 3.4 million pounds.
Net disposition was up in the month. Two percent-and-over rosin increased 17.6 percent to 19.4 million pounds from September's figure of 16.5 million pounds. Less-than-2 percent rosin gained 2.7 percent to 18.4 million pounds in October.