Perstorp Oxo AB also announced global price increases for a range of oxo chemicals and plasticizers, effective immediately or as existing contracts allow. The increases are as follows:

• 2-Ethylhexanoic acid: €180/mt in Europe, $0.05/lb in the United States and $210/mt in the rest of the world.
• 2-Ethylhexanol: €180/mt in Europe, $0.05/lb in the United States and $210/mt in the rest of the world.
• 2-Propylheptanol: €100/mt in Europe and $150/mt in the rest of the world.
• n-Butyraldehyde: €150/mt in Europe and $180/mt in the rest of the world.
• Isobutyraldehyde: €150/mt in Europe and $180/mt in the rest of the world.
• Emoltene™ 100: €100/mt in Europe, $0.05/lb in the United States and $120/mt in the rest of the world.
• Emoltene™ 3GO: €180/mt in Europe, $0.05/lb in the United States and $210/mt in the rest of the world.
• Propionic acid: €50/mt in Europe and $150/mt in the rest of the world.
• Propionaldehyde: €70/mt in Europe and $200/mt in the rest of the world.
• n-Butyric acid: €130/mt in Europe and $150/mt in the rest of the world.
• n-Valeric acid: €100/mt in Europe, $0.03/lb in the United States and $120/mt in the rest of the world.
• Isononanoic acid: €100/mt in Europe, $0.05/lb in the United States and $120/mt in the rest of the world.

Perstorp attributed the increases for its oxo chemicals and plasticizers to sharply increasing raw material and energy prices driven by the re-escalation of the Middle East conflict.

Learn more at perstorp.com.