Ashland Announces Price Increase for Phosphate Ester Specialty Surfactants to the Coatings Industry
September 18, 2013
Ashland Specialty Ingredients, a commercial unit of Ashland Inc. (NYSE: ASH), today said it will increase the price of its Dextrol™ and Strodex™ phosphate ester specialty surfactants to the coatings industry by 5 percent effective October 1, 2013, or as contracts allow. The price increase is being driven by escalating raw material costs. The increase will enable Ashland to continue investing in support of its customers’ growth.