Vertellus Announces DI-PIP® Price Increase
INDIANAPOLIS, IN – December 1, 2018 - Vertellus, a leading specialty chemicals company, today announced a price increase for DI-PIP (1,3-Di-4-Piperidylpropane) everywhere. Effective for new orders shipping on or after January 1, 2019, Vertellus is increasing DI-PIP® pricing 5-10% as contracts allow. The company cites significant and steady increases in the price of raw materials.
The VERTELLUS* group of companies manufactures fine and specialty chemicals used in diverse applications, processes and market sectors, including agriculture, life sciences, industrial specialties, nutrition, personal care and plastics. Headquartered in Indianapolis, Indiana (USA), near several of the world’s leading research universities, Vertellus benefits from a technically advanced global manufacturing base. The company employs more than 800 employees and maintains facilities in the U.S., United Kingdom, India and China.
* Indicates a trademark owned by Vertellus Holdings LLC, registered in the US and elsewhere.