HOUSTON-Saturday 23 June 2018 [ AETOS Wire ]
HOUSTON--(BUSINESSWIRE)--
Ascend Performance Materials announced today a price increase for its
intermediate materials.
The
price increase will take effect globally on July 1, 2018, and includes the
following terms:
Material
|
Price
Increase
|
Terms
|
||||||
Hexamethylene
diamine (HMD)
|
$0.17/lb.
|
• As
contracts allow.
•
Non-contract business – price determined on an
order-by-order
basis.
|
||||||
Acrylonitrile
(AN)
|
$0.20/lb.
|
• As
contracts allow.
•
Non-contract business – price determined on an
order-by-order
basis.
|
||||||
Customers
should contact their local sales representative for additional information.
About Ascend Performance Materials
Ascend Performance Materials is a global premium provider of
high-quality plastics, fibers and chemicals and is the world’s largest
integrated producer of PA66 resin. Headquartered in Houston, Texas, Ascend has
eight global locations, including five fully-integrated manufacturing
facilities located in the southeastern United States, all dedicated to the
innovation and safe production of nylon 6,6. With three of the world’s largest
chemical processing facilities, Ascend’s materials form the building blocks for
products used in everyday applications from apparel to airbags, cable ties to
circuit boards and carpets to car parts. Ascend’s 2,400-person global workforce
is committed to making a difference in the communities we serve and leading the
development of nylon 6,6 solutions that inspire everyone, everywhere, every
day.
Together,
we’re making a difference.
Together, we’re inspiring everyday.
Together, we’re inspiring everyday.
More
information about Ascend can be found at www.ascendmaterials.com
About SK Capital
SK Capital is a private investment firm with a disciplined focus
on the specialty materials, chemicals and healthcare sectors. The firm’s
purpose is to build strong and growing businesses that create substantial
long-term economic value. SK utilizes its industry, operating and investment
experience to identify opportunities to transform businesses into higher
performing organizations with improved strategic positioning, growth and
profitability as well as lower operating risk. For more information, please
visit www.skcapitalpartners.com.
©2018
Ascend Performance Materials Operations LLC. The Ascend Performance
Materials and Vydyne marks and logos are trademarks or registered
trademarks of Ascend Performance Materials Operations LLC.
Contacts
Ascend Performance MaterialsAlison Jahn, +1 713-210-9809
ajahn@ascendmaterials.com
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