The price increase of US$0.05/lb takes effect on 1 March 2010, or as agreements allow.

“Ashland makes every effort to mitigate the impact of continued rising raw material costs and other factors that influence product pricing,” says Gary Landsettle, commercial vice president for North America, Ashland Performance Materials. "Responding to changing market conditions allows Ashland to continue to provide innovative products and industry-leading product support that add value for customers."