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Momentive Specialty Chemicals Inc. To Raise Global Prices For VersaticTM Acids and Derivative Products

Monday 21. March 2011 - Momentive Specialty Chemicals Inc. announced today that it will increase the prices for its CARDURA glycidyl ester, ACE hydroxyl acrylate monomer, VEOVA monomers and VERSATIC acids on a global basis effective April 1, 2011, or as contract terms allow.

Prices for all grades of CARDURA glycidyl ester, ACE hydroxyl acrylate monomer, VEOVA monomers and VERSATIC acids will increase by € 185/mt, or $250/mt.
The pricing adjustment is driven by continued cost increases of key raw materials for these products.

http://www.momentive.com
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