INEOS Oxide Price Increases, October 15, 2024
As of October 15, 2024, or as contracts permit, INEOS Oxide will implement a price increase on Tri-Ethylene Glycol (TEG) by $0.05 per pound. This decision is a response to market shifts. It reflects rising raw material costs and higher global demand for chemical products. TEG is essential in many industrial applications, which makes this price increase particularly impactful.
What Does This Price Increase Mean?