Catalyst prices, demand on the rise

10/17/2005
Refining catalyst prices and demand are increasing, according to several major catalyst suppliers.Effective this spring, UOP LLC, Des Plaines, Ill., began raising prices for its Activated and Versal alumina products, produced in Baton Rouge, by up to 13%. UOP explained the prices were raised in-line with raw material and energy increases.This month, Virginia-based Albemarle Corp. announced a price increase for hydroprocessing catalysts, by a minimum of 6%, due to steadily increasing costs of energy, labor, and packaging, said the company. Albermarle warned that prices would continue to fluctuate during the cost shifts of molybdenum. Other catalyst manufacturers are likely to follow.&ldquo...
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