HENKEL HIKES COST
OF PHOTOMER LINEAMBLER, Pa. - Henkel Corp.'s Coating Chemicals business has announced a price increase of between 2 percent and 5 percent for all reactive oligomers and monomers sold under the Photomer trade name.
The company attributed the price increase to escalating costs in key raw materials.
Henkel, the North American subsidiary of Henkel KGaA of West Germany, with projected 1988 annual sales of about $600 million and over 3,000 employees in North America, supplies specialty chemicals for the personal care, textile, paper, coatings, metal finishing and construction industries.
Additional markets served include health care, pharmaceuticals, plastics and agriculture.
Henkel KGaA, a family owned enterprise with annual sales of $5.5 billion, is the world's largest manufacturer of oleochemical products made from natural fats and oils, with emphasis on detergents, cleaning agents, personal care and cosmetic products.
DOW RAISES PRICE
OF FOUR SOLVENTS
MIDLAND, Mich. - Dow Chemical Co. has announced price increases for its methylene chloride, perchloroethylene, 1,1,1-trichloroethane and chloroform solvents.
The increases became effective Dec. 1, for spot customers, and will become effective Jan. 1 for contract customers, as contract terms permit.
Off-list prices of methylene chloride and perchloroethylene will increase by 2 cents a pound, not to exceed list prices, which will increase by 1 cent a pound.
Off-list prices of 1,1,1-trichloroethane will increase by 2 cents a pound, not to exceed list prices, which will remain unchanged. In addition, the 5 percent temporary allowance for Chlorothene SM solvent distributor stocks will be cancelled.
The price of chloroform will increase by two cents a pound, not to exceed current list prices.
Dow's chlorinated solvents are widely used in chemical processing, metal cleaning, dry cleaning, paint and coatings and aerosol product applications.