Songwon Industrial Co., Ltd. Is raising by an up to 20% the price of its n-octanol based Organo-Tin products. The increase is effective immediately, or as contracts allow.
The price increase is necessary to offset the rising cost of key raw materials including Octyl- and tin- feedstock and utilities. Driven by solid demand and tight supply, Songwon anticipates that both feedstock and utility prices will remain unpredictably volatile and high.
The price increase affects all Songwon’s Octyl tin products including mono-, di-, tri- and tetra-octyl tin.
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