ISP To Increase Global Prices an Additional 10%
Senior Vice President Global Pharma & Beverage
Phone: +49 2236 9649 269
Steve Olsen
Senior Vice President
Global Performance Chemicals
Phone: +1.973.628.3368
James Mish
Senior Vice President
Global Global Personal Care
Phone: +1.1.973.628.3203 Eileen Mascari
Resource Advantage Group, Inc.
Phone: +1.973.882.1313
Fax:+1.973.575.1720
E-mail:[email protected]
Wayne, N.J. - May 2, 2011 - International Specialty Products Inc. (ISP) will increase global prices for polymers, vinyl monomers, emollients, emulsifiers, preservatives and encapsulates 10% effective June 1, 2011, or as contracts allow.
This increase applies to products sold into the personal care, pharmaceutical, oral care, beverage, performance chemicals and agricultural markets. This price increase is in addition to the 10% increase that was previously announced effective February 1, 2011. This additional price increase is necessary due to continued material and energy cost escalation.
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About ISP
International Specialty Products Inc. (ISP) is a leading global supplier of specialty chemicals and performance enhancing products for a wide variety of personal care, pharmaceutical, food, beverage and industrial applications. ISP produces more than 500 specialty chemicals, which it markets and sells worldwide. The company's headquarters is located in Wayne, New Jersey, USA.
This press release may contain "forward-looking statements" within the meaning of the federal securities laws and, as such, concerns matters that are not historical facts. These statements are based on our current expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual results to differ materially from those anticipated, projected or implied. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
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