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News on ONICHEM
New Price Policy For Glyoxal 40%
10 October 2005
ONICHEM declared today the price for Glyoxal 40% has to be increased for any new orders.
ONICHEM will only complete the pending orders at the prices as per the signed contracts or
agreements. All of our previous offers are not valid anymore unless they have been confirmed
by the customers already.
The fact is that the price of MEG was suddenly increased for about 12%. It may be due to the
explosion of a plant of MEG in USA, with capacity of 600,000mt annually. As MEG is the key
raw materials for our Glyoxal 40%, it certainly influence our price of Glyoxal 40%.
As the biggest exporter of Glyoxal 40% in China, ONICHEM is trying to remain our prices at a
reasonable level, especially for our regular customers.
ONICHEM, The Company of Specialty Chemicals
Tel: +86-411-84794022 Fax: +86-411-84794077 email: info@onichem.com
