Increasing raw material cost evolution impact further TDI pricing

With effect as of April 1st, 2011, BorsodChem will be increasing its prices for toluene diisocyanate (TDI) in Europe by 100€ per metric ton, in Export by 200$ per metric ton.

The price adjustments are needed to respond to the significant rise in raw materials and energy costs. Further upwards adjustments can be expected given the upstream costs evolution.

For more information, please contact:
Alain Schuerwegen, TDI Business Manager, phone: +32.2.791.72.01, e-mail: alain.schuerwegen@borsodchem.eu