October 7, 2009
ISP to increase global prices 3-5 percent
Press Release
International Specialty Products Inc. (ISP) will increase global prices for polymers, vinyl monomers, biocides, emollients, emulsifiers, preservatives, and encapsulates by three to five percent, effective December 1, 2009, or as contracts allow.
This increase applies to products sold into the personal care, pharmaceutical, oral care, beverage, performance chemicals, biocides, and agricultural markets.
The price increase is necessary due to cost escalation during 2009 and shortfalls from the impact of modest 2008 price increases relative to the longer term rise in material and energy costs.
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 400 specialty chemicals, which it markets and sells worldwide. The company's headquarters is located in Wayne, New Jersey, US.