HOUSTON--(BUSINESS WIRE)--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. |
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| Acrylonitrile (AN) | $0.20/lb. |
• As contracts allow. • Non-contract business – price determined on an order-by-order basis. |
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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.
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.
