Oxea announced that due to rising diesel fuel costs and the resulting impact on transportation expenses, the company has implemented an adjustment to its existing freight adder for truck and rail shipments in North America.
Citing supply and demand, sustained increases in raw material and energy costs, and supply chain costs, Oxea announced that it will increase prices for certain oxo intermediates.
With immediate effect, or as contract terms allow, BASF will increase prices for its Lupranate MDI (methylene diphenyl diisocyanate) basic products and Lupranate TDI (toluene diisocyanate).