乐天堂fun88(中国区)官方网站 to increase polyol and polyol blend prices in USA
The Woodlands, TX 鈥� 乐天堂fun88(中国区)官方网站 Polyurethanes, an international business unit of 乐天堂fun88(中国区)官方网站 Corporation (NYSE: HUN), announced today that it will increase prices in all market segments for polyols and polyol blends by $0.06/lb, on October 1, 2005 or as contracts allow.
乐天堂fun88(中国区)官方网站 said the price increase reflects high raw material costs, particularly with propylene oxide, ethylene oxide, and many of the initiators.
乐天堂fun88(中国区)官方网站 Polyurethanes is a business division of 乐天堂fun88(中国区)官方网站 Corporation. 乐天堂fun88(中国区)官方网站 is a global manufacturer and marketer of differentiated and commodity chemicals. Its operating companies manufacture basic products for a variety of global industries including chemicals, plastics, automotive, aviation, footwear, paints and coatings, construction, technology, agriculture, health care, textiles, detergent, personal care, furniture, appliances and packaging. Originally known for pioneering innovations in packaging, and later, rapid and integrated growth in petrochemicals, 乐天堂fun88(中国区)官方网站 today has 11,300 employees, 57 operations in 22 countries and had 2004 revenues of $11.5 billion.
Statements in this release that are not historical are forward-looking statements. These statements are based on management鈥檚 current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company鈥檚 operations, markets, products, services, prices and other factors as discussed in the 乐天堂fun88(中国区)官方网站 companies鈥� filings with the Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. Accordingly, there can be no assurance that the company鈥檚 expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by securities and other applicable laws.
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