Lyondell Chemical Company Price Increases on Glycol Ethers – Effective February 1, 2025
Effective February 1, 2025, Lyondell Chemical Company will implement price increases on various glycol ethers, as outlined below. This decision highlights the shifting dynamics within the chemical industry and the growing costs of key chemical products. Companies across industries that rely on glycol ethers will likely experience the impacts of these changes, making it crucial to adjust procurement strategies accordingly.The following glycol ethers will be affected by the price increases:Glycol Ether PM: $0.05 per poundGlycol Ether DPM: $0.05 per poundGlycol Ether TPM: $0.05 per poundGlycol Ether PM Acetate: $0.10 per poundGlycol Ether PnB: $0.10 per poundGlycol Ether DPnB: $0.10 per poundGlycol Ether PnP: $0.10 per poundGlycol Ether DPnP: $0.10 per poundThese price increases will apply to various grades of glycol ethers used in manufacturing, cleaning, and industrial applications. As such, companies using these products will need to evaluate their supply chains and adjust their budgeting to accommodate the higher raw material costs.
What Does This Mean for Your Business?