Ashland Announces Price Increase for Maleic Anhydride in North America

Ashland announces price increase for maleic anhydride in North America

DUBLIN, Ohio (PRWEB) May 24, 2018

Ashland announced today it will increase the price of maleic anhydride sold in North America up to $0.06/lb. This increase will take effect June 7th or as contracts and price agreements allow.

This increase is driven by a rapid escalation in raw material feed stocks and the high demand and limited supplies for maleic anhydride. Ashland continues to make these decisions with the intent to ensure we are providing our customers with reliable delivery of maleic anhydride and with the highest quality material and service levels.

About Ashland
Ashland Global Holdings Inc. ASH is a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. At Ashland, we are approximately 6,500 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com to learn more.

FOR FURTHER INFORMATION:

Media Relations:
Sandra Derthick
614-790-1957
saderthick(at)ashland(dot)com

For the original version on PRWeb visit: http://www.prweb.com/releases/2018/05/prweb15511742.htm