Dozens of giants including BASF, DuPont, Dow and others collectively raised prices in October!

The eleventh small holiday has passed, and everyone's hearts are still immersed in a happy atmosphere. But for chemical workers, the anxiety is hard to alleviate. Energy consumption "dual control" brought about power and production restrictions, and the operating rate in many regions has reached a new low. Dozens of domestic chemical companies such as raw materials, coatings and other chemical companies have sent letters to increase. At the same time, the overseas situation has not allowed everyone to relax. In a sigh of relief. Since the third quarter, chemical companies such as BASF, DuPont, and Dow have sent letters one after another or even several times, announcing price increases in the fourth quarter. Some products rose up to 6000 CNY/ton, an increase of up to 30%, and some companies even announced additional fees such as natural gas surcharges.

Nearly 100 international giants such as BASF and DuPont announced the increase, and LANXESS increased RMB 6,000/ton

BASF: Starting October 1st, the price of Lupranate MDI products will increase by 0.12 USD/lb (approximately RMB 1,717/ton); the price of its polyurethane business will be increased by USD 0.11/lb (approximately RMB 1,566/ton); The price of methylaminopropylamine (DMAPA) was increased by US$0.15/lb; the price of some polyetheramines sold under the Baxxodur® brand in North America was increased.

Starting from October 1st or subject to existing contracts, BASF will increase the price of 1,4-butanediol (BDO) and derivatives in North America by a maximum of USD 0.18/lb (approximately RMB 1997/ton) ).

Dow: Starting from October 1, the prices of major products in the silicone high-performance construction business will be increased, with an adjusted increase of 10%.

DuPont: Starting from October 1st, prices of some products in the Asia-Pacific region will be raised. The products involved include long-carbon chain nylon, special high-temperature nylon, alcohol-soluble nylon, thermoplastic elastomers and other products, with a maximum increase of 5800 CNY/ton.

Mitsui Chemicals SKC: Polytoluene diisocyanate (TDI) will increase its price by 20 yen/kg (about 1175 CNY/ton) from October 1.

Leander Basel: Starting from October 1, its 1,4, butanediol (BDO) and its derivatives will increase by US$0.14/lb-US$0.18/lb (about 1993 CNY/ton-2562 CNY/ton) .

STEPANPOL: Starting from October 1st, the price of STEPANPOL® and TERATE® rigid foam polyester polyols produced in the Americas will be increased by US$0.10/lb (about 1418 CNY/ton). In addition, due to the substantial increase in the price of flame retardants, all products containing flame retardants will increase by an additional US$0.02/lb, for a total increase of US$0.12/lb (about 1717 CNY/ton).

Chemours: Starting from October 1st, all specifications of Ti-Pure™ titanium dioxide in China will be increased by US$150/ton (approximately RMB 967/ton).

Ishihara, Japan: Starting from October 1, the price of titanium oxide products in the Asia-Pacific region (excluding Japan) will be increased by US$200/ton (about 1,300 CNY/ton).

Tronox: From October 1st, the price of all titanium dioxide products sold to the Asia-Pacific region will increase by US$200 (about 1,300 CNY/ton) per ton. At the same time, it said that due to ship delays and container shortages, the product delivery time is still very long.

Ashland: Starting from October 1, its 1,4, butanediol (BDO) and its derivatives will increase by US$0.14/lb to US$0.40/lb (about 1993 CNY/ton-5696 CNY/ton).

Shin-Etsu Chemical: Starting from October, organic silicon will increase the price of all products in Japan and overseas by 10%-20%.

Momentive: From October 1st, the price of silicone elastomer product portfolio in China and Southeast Asia will increase by about 10%-20%.

LANXESS: Starting from October 1st, the price of PA66, PA6, PBT and other products will be increased, with a maximum increase of 6,000 CNY/ton.

ROHM Chemie (formerly Evonik): Starting from October 1st, it will increase the price of its PLEXIGLAS® and PLEXIMID® PMMA (polymethyl methyl acrylic resin) by 0.08 Euro/kg (approximately 606.5 CNY/ton).

DOMO Chemical: Starting from October 1st, the price of PA6/PA66 and its raw materials will be increased by up to 1,000-2800 CNY/ton.

Maruzen Ube: Starting October 1st, it will increase the price of its EVA resin and EEA resin. The price of EVA resin will be increased by 20 yen/kg (about 1176 CNY/ton), and the price of EEA resin will be increased by 40 yen/kg (about 2352 CNY/ton). Ton).

Kuraray: Starting from October 1st, the prices of all grades of SEPTON™, HYBRAR™ hydrogenated styrene elastomers and TU polymers will be increased globally by US$0.44/lb (about 3142 CNY/ton).

Mitsubishi Chemical Corporation: Starting from October 1, the prices of all waterproof products will be increased by 10%-15%.

Fuji has issued two letters in a row to increase the price of photosensitive resin relief plates for printing and other printing-related materials (such as PS boards, CTP boards, printing boards, etc.) starting from October 1st, by up to 30%.

Sumitomo Bakelite Co., Ltd.: Starting from October 1st, prices of SUMILON® products (cell culture-related products) produced by the company will be increased.

Irumagawa Rubber: From October 1st, the price of all products of the company will be increased by 10-20%.

COIM: Starting October 1, COIM USA will increase the selling prices of its ISOXTER® aromatic polyester polyol products in the United States and Canada:

Polyester polyol for rigid foam board: +0.11 USD/lb.

Polyester polyol for spray foam and cast-in-place applications: +0.06 USD/lb.

Huntsman: A natural gas surcharge of 125 euros per ton will be imposed on all MDI sales in Europe, Africa, the Middle East and India in response to the unfortunate and unprecedented increase in natural gas prices in the region. The surcharge will take effect on October 1, 2021 and is in addition to the previously announced MDI price increase.

Trinseo: Starting from October 1, the price of Styrofan® carpet latex adhesive (styrene butadiene latex) will increase by $0.08/lb (about 1140 CNY/ton).

Although the fourth quarter has just kicked off, dozens of international chemical industry leaders have announced product price increases, and many domestic chemical companies have sent letters or directly notified customer groups to inform them of price increases. According to incomplete statistics from the editor, hundreds of chemical companies have increased their product prices, and some companies have continued to increase prices in the near future. The epidemic is still spreading, natural gas, oil, coal and other primary energy sources are in emergency, ocean freight and freight rates continue to soar, domestic "dual limit" control has become stricter, and the imbalance of supply and demand has become more and more serious... These "gray rhino" incidents have followed one after another. Punching is on the face of chemical people, and will continue to play a role in the remaining three months of 2021. Whether the shortage of supply will intensify, whether the price of chemical products will continue to diverge, and whether the price ceiling can be refreshed, the editor will bring continuous follow-up reports.