Evonik to Raise Hydrogen Peroxide Prices in North America
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Evonik, Parsippany, N.J., USA, increased prices for hydrogen peroxide (100% basis) by 4.5 cents per pound in the U.S. and Mexico and C$100/metric ton (100% basis) in Canada, effective June 1 or as contracts allow. In addition, due to the continued escalation of fuel and natural gas prices, Evonik will continue instituting transportation and energy surcharges for hydrogen peroxide sold in North America based on a basket of leading U.S. energy indices.
With an annual capacity approaching 600,000 metric tons, Evonik's Advanced Intermediates Business Unit is the world's second-largest producer of the eco-friendly bleaching and oxidizing agent hydrogen peroxide, which is used primarily in paper and pulp bleaching. Evonik produces hydrogen peroxide in Germany, Belgium, Austria, the U.S., Canada, Brazil, Korea, Indonesia, New Zealand, and South Africa.
   
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