Monument Chemical Announces Price Increases on Key Solvents – Effective May 5, 2025
Effective May 5, 2025, Monument Chemical will implement price increases on key solvents. These adjustments reflect escalating feedstock costs and the recent tariff implementation, impacting industries reliant on these essential chemicals. The following price increases will take effect: Solvents Diacetone Alcohol (DAA) Increase: $0.05/lb Region: North America (NAR) Hexylene Glycol (HG) – All Grades Increase: $0.05/lb Region: North America (NAR) Isopropyl Acetate (IPAC) Increase: $0.05/lb Region: North America (NAR) Methyl Isobutyl Carbinol (MIBC) – All Grades Increase: $0.05/lb Region: North America (NAR) Methyl Isobutyl Ketone (MIBK) Increase: $0.05/lb Region: North America (NAR) These price adjustments will influence industries such as plastics, personal care, agrochemicals, pharmaceuticals, and industrial formulations, where solvents play a critical role in product performance.
What Does This Mean for Your Business?