Addivant Announces Price Increase on NAUGARD® Q Stabilizer
DANBURY, Conn., Jan. 11, 2018 (GLOBE NEWSWIRE) -- Effective immediately or as contract terms allow, Addivant™, a global leader in rubber additives, is increasing the List Price of NAUGARD® Q (TMQ) by up to 45%. Further, we will discontinue all discount agreements that are not part of a binding contract. All commercial commitments will be made at List Price level and will be based on availability.
The cost of NAUGARD® Q is impacted by continued investment to maintain adequate environmental and sustainability stewardship, along with significant raw material cost increases. NAUGARD® Q is a workhorse stabilizer used in tire applications and other rubber goods.
Addivant™ is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants in five regions as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit www.addivant.com for more information.
Addivant™ and NAUGARD® Q are trademarks of Addivant.