LAMPERTHEIM, Germany--(BUSINESS WIRE)--Continued soybean oil cost inflation, coupled with escalating non-soy expenses, has made it necessary for Galata Chemicals to announce a price increase for the company’s full range of DRAPEX® Epoxidized Soybean Oil products sold in Europe, the Middle East, and Africa. These increases will be effective March 1st 2012, or as contracts allow.
- These increases represent €0.07 / kg above the price levels effective during February 2012
This increase is essential to sustain Galata Chemicals as a viable supplier into this industry.
Galata Chemicals
Galata Chemicals is a leading global producer of PVC additives including mixed metal heat stabilizers, tin heat stabilizers, epoxidized soybean oil, polymer modifiers and chemical foaming agents. Additional information concerning Galata Chemicals is available at www.galatachemicals.com.