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LEHIGH VALLEY, Pa. (June 16, 2008) – Air Products (NYSE:APD) today announced that effective July 15, 2008, or as contracts allow, it will increase prices in North America on all Airthane® and Versathane® polyurethane prepolymers, and Versalink® polyurethane curatives. The amount of the price increase will vary based on product type and are detailed below:
|
Product |
Increase |
|
Polyether Backbone Prepolymers Airthane PET, PHP, PPT, APC and API series prepolymers (e.g. PET-95A, PHP-75D) Versathane 1090, 1160, and 2070
|
$0.12/lb |
|
Polyester Backbone Prepolymers Airthane PST series prepolymers (e.g. PST-80A) Versathane A series prepolymers (e.g. A9, A9QM) |
$0.10/lb |
|
Versalink Curatives Versalink P1000, P650, P250, 740M and MCDEA
|
$0.10/lb |
This price increase is necessary to offset increases in the cost of raw materials, transportation costs related to fuel prices, and container costs related to steel. |