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Nylon giant Ascend to increase nylon 66 prices on Feb 1
HOUSTON, January 18, 2018 (PCW) -- Ascend Performance Materials will increase prices for its nylon 66 polymers, compounds and fibers on Feb 1 due to "escalating raw material costs," the company announced on Wednesday. The increase will be 20 cpp in North America, €0.20/kg in Europe and $0.22/kg in Asia.
Ascend declared a "partial" force majeure on nylon 66 feedstock HMD from its Decatur, AL plant in early Jan due to cold weather and operating issues. The FM is expected to be lifted by Mar 1. -- Xavier A. Cronin