Huntsman Advanced Materials Americas LLC announces price increases for ARADUR curatives effective 1 October 2017
September 29, 2017
Dear Valued Customer in the NAFTA Region:
Recently, Huntsman Advanced Materials Americas LLC has experienced an increase in our raw material costs. This will impact the pricing of certain products currently offered. The affected products are:
Aradur® 265-1 Aradur® 283
Aradur® 2963 Aradur® 2964
Aradur® 2965 Aradur® 2965 LC
Aradur® 2975 Aradur® 2978-1
Aradur® 2994 Aradur® 3218
Aradur® 3246 Aradur® 3374
Aradur® 3376 Aradur® 355
Arafloor® Pilgrim 1 Part B
We anticipate that prices will be increased by up to $0.20 per lb for certain aforementioned products. The effective date of this price increase will be October 1, 2017. We are still finalizing our costing moving forward, and will follow up shortly with more precise details for each product and the associated price increase.
This price increase is in addition to all previously implemented price increases. If you have any questions regarding this notice, please contact your local Huntsman Advanced Materials Americas Sales Associate.
We thank you for your business and look forward to supporting your future product needs.
Sales Director, NAFTA Region
Huntsman Advanced Materials Americas LLC
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2016 revenues of approximately $10 billion. Our chemical products number in the thousands and are sold worldwide to man
ufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 100 manufacturing and R&D facilities in approximately 30 countries and employ approximately 15,000 associates within our 5 distinct business divisions including the Pigments and Additives division that we intend to spin-off as Venator Materials Corporation. For more information about Huntsman, please visit the company's website at www.huntsman.com.
Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, volatile global economic conditions, cyclical and volatile product markets, disruptions in production at manufacturing facilities, reorganization or restructuring of Huntsman’s operations, including any delay of, or other negative developments affecting, the spin-off of Venator Materials Corporation, the ability to implement cost reductions and manufacturing optimization improvements in Huntsman businesses and realize anticipated cost savings, and other financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.