Albemarle to raise price of Ethanox 4716

Albermarle Corp. announced a price increase of its Ethanox 4716 antioxidant by US$0.25 per kilogram. The effectivity of the price increase is immediate or as contracts allow.
Ethanox antioxidants enhance the stability, improve the performance and extend the storage life of lubricants and fuels used worldwide. Albemarle’s antioxidants business is part of the company’s Polymer Solutions business segment.
Headquartered in Baton Rouge, La., U.S.A., Albemarle is a leading global developer, manufacturer, and marketer of highly engineered specialty chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, automotive/transportation, pharmaceuticals, crop protection, food-safety and custom chemistry services. (February 28, 2013)