Kraton Corp., a sustainable producer of specialty polymers and high-value bio-based products derived from pine wood pulping co-products, announced a general price increase on Turpentine refined products and derivatives and Limonene-based derivatives.
OQ Chemicals announced a price increase for certain Oxo intermediates products by OQ Chemicals in Europe effective February 1, 2025, or as contracts allow.
The rising costs of raw materials and production, driven by inflation along with ongoing efforts to comply with sustainability regulations, have significantly increased production-related expenses, necessitating the price increase.