ISP to increase global prices with 3-5%
International Specialty Products Inc. (ISP) will increase global prices for polymers, vinyl monomers, biocides, emollients, emulsifiers, preservatives, and encapsulates 3% to 5% effective December 1, 2009, or as contracts allow.
This increase applies to products sold into the personal care, pharmaceutical, oral care, beverage, performance chemicals, biocides, and agricultural markets.
The price increase is necessary due to cost escalation during 2009 and shortfalls from the impact of modest 2008 price increases relative to the longer term rise in material and energy costs.
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