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INVISTA Announces Adipic Acid Price Increase
February 16, 2004
INVISTA has announced a five cents per pound increase to all off-schedule prices for all packages and grades of Adi-pure high purity adipic acid. The increase goes into effect March 15, 2004. "This price increase is being driven by rising raw material prices and a tightening supply and demand balance," said Kevin Kenaley, global marketing director. Adi-pure high purity adipic acid delivers value as the "backbone" intermediate in applications such as polyamides, polyesters, polyurethanes and plasticizers.