Wayne, NJ - December 8, 2010 – International Specialty Products Inc. (“ISP”) has announced a 5% price increase for 1,4 Butanediol (BDO) and derivatives sold in North America, including N-Methyl-2-Pyrrolidone (NMP), Gamma- Butyrolactone (BLO) and Tetrahydrofuran (THF), effective December 10, 2010 or as contracts allow. This increase is necessary to offset rising raw material and energy costs.

 

 

 About ISP

International Specialty Products Inc. (ISP) is a leading global supplier of specialty chemicals and performance enhancing products for a wide variety of personal care, pharmaceutical, food, beverage and industrial applications. ISP produces more than 500 specialty chemicals, which it markets and sells worldwide. The company’s headquarters is located in Wayne, New Jersey, USA.

 

 

This press release may contain “forward-looking statements” within the meaning of the federal securities laws and, as such, concerns matters that are not historical facts. These statements are based on our current expectations and assumptions, which are subject to a number of risks and uncertainties that could cause the actual results to differ materially from those anticipated, projected or implied. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

 

SOURCE:ISP