Ascend Announces Price Increases for Intermediate Materials

 HOUSTON-Tuesday 6 October 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Ascend Performance Materials announced today a price increase for intermediate materials.

The price increase takes effect immediately and includes the following terms:

Material

Price Increase

Terms

Hexamethylene  Diamine (HMD)

$350/MT

As contracts allow Non-contract business – price determined on an order-by-order basis

Adiponitrile (ADN)

$350/MT

As contracts allow Non-contract business – price determined on an order-by-order basis

Acrylonitrile (AN)

$200/MT

As contracts allow Non-contract business – price determined on an order-by-order basis

Adipic Acid (AA)

$100/MT

As contracts allow Non-contract business – price determined on an order-by-order basis

Customers should contact their local sales representative for additional information.

About Ascend Performance Materials

Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with eight global manufacturing facilities in the United States, Europe and China. Our 2,600-person global workforce makes the plastics, fabrics, fibers and chemicals used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability and the success of our customers and our communities.

Find out more about Ascend at www.ascendmaterials.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201005005830/en/

Contacts

Alison Jahn, +1 713-210-9809,  ajahn@ascendmaterials.com

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