The Urethane Blog
Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
September 22, 2021
Huntsman Implements Natural Gas Surcharge on MDI Sales in Europe
Download as PDF September 22, 2021 12:00am EDT
THE WOODLANDS, Texas, Sept. 22, 2021 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that it was implementing a natural gas surcharge of Euros 125 per tonne on all sales of MDI in Europe, Africa, the Middle East and India, in response to the unfortunate and unprecedented natural gas price increases in the region. The surcharge will be effective 1st October 2021 and is in addition to any previously announced MDI price increases.
European natural gas prices have risen to record levels in recent months driven by the combination of structural changes in European energy sources and generation. The unprecedented cost of natural gas, already more than three times historic levels and continuing to rise, has adversely affected the energy inputs, intermediates, and multiple feedstock costs incurred in Huntsman’s MDI production.
Tony Hankins, President of Huntsman’s Polyurethanes division, said: “Huntsman is already working with its customers to manage the impact of the surcharge, which was necessary to respond to the unexpected and unprecedented increase in our production costs.”
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2020 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company’s website at www.huntsman.com.
September 22, 2021
Huntsman Implements Natural Gas Surcharge on MDI Sales in Europe
Download as PDF September 22, 2021 12:00am EDT
THE WOODLANDS, Texas, Sept. 22, 2021 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that it was implementing a natural gas surcharge of Euros 125 per tonne on all sales of MDI in Europe, Africa, the Middle East and India, in response to the unfortunate and unprecedented natural gas price increases in the region. The surcharge will be effective 1st October 2021 and is in addition to any previously announced MDI price increases.
European natural gas prices have risen to record levels in recent months driven by the combination of structural changes in European energy sources and generation. The unprecedented cost of natural gas, already more than three times historic levels and continuing to rise, has adversely affected the energy inputs, intermediates, and multiple feedstock costs incurred in Huntsman’s MDI production.
Tony Hankins, President of Huntsman’s Polyurethanes division, said: “Huntsman is already working with its customers to manage the impact of the surcharge, which was necessary to respond to the unexpected and unprecedented increase in our production costs.”
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated and specialty chemicals with 2020 revenues of approximately $6 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 70 manufacturing, R&D and operations facilities in approximately 30 countries and employ approximately 9,000 associates within our four distinct business divisions. For more information about Huntsman, please visit the company’s website at www.huntsman.com.
September 21, 2021
USPS moves forward with adjusting service standards for First-Class Mail and Periodicals
Aug. 8, 2021
After carefully considering the Postal Regulatory Commission’s (PRC) July 20th advisory opinion, the Postal Service plans to move forward with adjusting service standards for First-Class Mail and Periodicals. The PRC concluded that the Postal Service’s proposed changes, in principle, are rational and accord with statutory requirements. The PRC made a number of recommendations for how the Postal Service should implement its changes, which the Postal Service is largely adopting. Additional details will be provided in an upcoming Federal Register notice. A majority of First-Class Mail and Periodicals will keep current service standards, with 70 percent of First-Class Mail volume having a delivery standard of 1-3 days.
The service standard changes are part of our balanced and comprehensive Delivering for America Strategic Plan, and will improve service reliability and predictability for customers and enhance the efficiency of the Postal Service network. The service standard changes that we have determined to implement are a necessary step towards achieving our goal of consistently meeting 95 percent service performance.
Some first class mail will be delayed with deliveries up to 5 days. Another reason to pay by ACH.
September 21, 2021
USPS moves forward with adjusting service standards for First-Class Mail and Periodicals
Aug. 8, 2021
After carefully considering the Postal Regulatory Commission’s (PRC) July 20th advisory opinion, the Postal Service plans to move forward with adjusting service standards for First-Class Mail and Periodicals. The PRC concluded that the Postal Service’s proposed changes, in principle, are rational and accord with statutory requirements. The PRC made a number of recommendations for how the Postal Service should implement its changes, which the Postal Service is largely adopting. Additional details will be provided in an upcoming Federal Register notice. A majority of First-Class Mail and Periodicals will keep current service standards, with 70 percent of First-Class Mail volume having a delivery standard of 1-3 days.
The service standard changes are part of our balanced and comprehensive Delivering for America Strategic Plan, and will improve service reliability and predictability for customers and enhance the efficiency of the Postal Service network. The service standard changes that we have determined to implement are a necessary step towards achieving our goal of consistently meeting 95 percent service performance.
Some first class mail will be delayed with deliveries up to 5 days. Another reason to pay by ACH.
September 21, 2021
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