PR86427

HOUSTON, Nov. 4, 2020 /PRNewswire=KYODO JBN/ --

Ascend Performance Materials announced today a price increase for intermediate materials.

Logo - https://mma.prnewswire.com/media/1326397/ASCEND_Logo.jpg 

The price increase takes effect immediately and includes the following terms:

Material                                                    Price Increase              Terms

Hexamethylene diamine (HMD)                  $600/MT                

Adiponitrile (ADN)                                       $600/MT       - As contracts allow

Acrylonitrile (AN)                                         $200/MT       - Non-contract business – price

                                                                                           determined on an order-by-order basis

Adipic acid (AA)                                           $200/MT

Customers should contact their local sales representative for additional information.

About Ascend Performance Materials

Ascend Performance Materials makes high-performance materials for everyday

essentials and new technologies. Our focus is on improving quality of life and

inspiring a better tomorrow through innovation. Based in Houston, Texas, and

with regional offices in Shanghai, Brussels and Detroit, we are a fully

integrated material solutions provider with eight global manufacturing

facilities in the United States, Europe and China. Our 2,600-person global

workforce makes the plastics, fabrics, fibers and chemicals used to make safer

vehicles, cleaner energy, better medical devices, smarter appliances and

longer-lasting apparel and consumer goods. We are committed to safety,

sustainability and the success of our customers and our communities.

Find out more about Ascend at www.ascendmaterials.com.

Contact: Alison Jahn at +1 713-210-9809, ajahn@ascendmaterials.com

SOURCE  Ascend Performance Materials