Business Intelligence-Chemtura's 1Q spike in materials and energy prices; Buyers reporting increased energy prices in May
By Staff -- Purchasing, 6/14/2007
$23.7MChemtura's 1Q spike in materials and energy prices
Source: Chemtura
WHAT IT MEANS: The dramatic increase in expenses primarily in its plastics additives business is one of the reasons the company cited in plans to sell its organic peroxides business in May.
WHAT IT MEANS: Polycarbonate and PVC resin top the list of buyers' concerns in May. Leadtimes for polyester and acetal are beyond 20 weeks, according to Purchasingdata.com.
82%Buyers reporting increased energy prices in May
Source: www.purchasingdata.com
WHAT IT MEANS: Oil's up on supply concerns and gas prices are at record highs in some regions. Plastics and chemicals buyers are preparing for the impact on energy-intensive materials.
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