Antioxidant prices set to rise

French company Eliokem has increased the price of its Wingstay antioxidant range by 10%. This includes Wingstay L, S, T, F and 29. The company says that the increase is effective as of 1 November 2007, where and as contracts allow. Eliokem says that this decision is driven by the ongoing escalation in raw material prices coupled with compliance (REACH) and environmental regulations costs. The company adds that despite efforts to improve productivity, the general deterioration in profitability can no longer be absorbed.