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Bayer hikes urethane prices in Europe

By Patrick Raleigh UT On-Line News EditorLeverkusen, Germany-Bayer MaterialScience AG has imposed a series of price increases on its polyurethane raw materials in Europe with effect from 1 Sept. Prices for MDI (methylene diphenyl diisocyanate) have risen by Euro0.20/kg, TDI (toluene diisocyanate) by Euro0.12, and polyether and polyol systems by Euro0.10/kg.”The high costs of energy and raw materials-benzene is a case in point-are putting pressure on our margins,” explained Peter Vanacker, head of the company’s Polyurethanes Business Unit, in a 6 Sept statement.”

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