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News Huntsman implements natural gas surcharge on MDI sales in Europe, India, the Middle East and Africa

Huntsman implements natural gas surcharge on MDI sales in Europe, India, the Middle East and Africa

Written by Global Insulation staff
01 October 2021
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World: US-based Huntsman has announced a natural gas surcharge of Euro125/t on its sales of methylene diphenyl diisocyanate (MDI) in Europe, India and the Middle East and Africa (MEAF), in response to an ‘unprecedented’ rise in natural gas prices in the region. The measure entered effect on 1 October 2021. The company says that this has adversely affected the energy inputs, intermediates and multiple feedstock costs incurred in its MDI production.
The new surcharge will operate in conjunction with any previously announced MDI price increases.

Huntsman's Polyurethanes president Tony Hankins said "Huntsman is already working with its customers to manage the impact of the surcharge, which was necessary to respond to the unexpected and unprecedented increase in our production costs."

Last modified on 01 October 2021
Published in Global Insulation News
Tagged under
  • Huntsman
  • Europe
  • India
  • US
  • Middle East
  • Africa
  • markets
  • costs
  • price
  • Natural gas

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