Trecora Updates Pricing for Specialty Waxes Amid Market Changes
Trecora Updates Pricing for Specialty Waxes
Trecora, a prominent North American manufacturer of specialty waxes, has announced its updated pricing strategy, effective from October 1, 2024. This adjustment in prices reflects the ongoing changes in market dynamics and the company’s commitment to remaining competitive in the specialty materials sector.
New Pricing Structure
The updated pricing will be applicable to full truckload quantities shipped Ex Works from Trecora’s manufacturing site. Orders shipped on or after the effective date, or as specified by existing contracts, will reflect these new rates.
Detailing the New Prices
Below are some of the key product price changes:
- **CWP 400:** New price: $1.39/lb, Old price: $1.34/lb
- **CWP 500:** New price: $1.39/lb, Old price: $1.34/lb
- **CHU 561:** New price: $1.39/lb, Old price: $1.34/lb
- **CHU 610:** New price: $1.39/lb, Old price: $1.34/lb
- **CWP 2030:** New price: $1.75/lb, Old price: $1.75/lb (no change)
- **CWP 130X:** New price: $1.54/lb, Old price: $1.59/lb
- **MDP:** New price: $1.55/lb, Old price: $1.55/lb (no change)
- **TRECOR HMA-1:** New price: $1.46/lb, Old price: $1.41/lb
- **TRECOR PVC-1:** New price: $1.46/lb, Old price: $1.41/lb
- **TRECORLUBE 165 M:** New price: $1.45/lb, Old price: $1.41/lb
- **CHU 30P:** New price: $1.32/lb, Old price: $1.27/lb
Pricing Context and Market Dynamics
Market dynamics play a significant role in these price updates. The specialty waxes sector has seen considerable fluctuations influenced by both supply chain issues and rising production costs. Trecora aims to stay agile and responsive to these changes, ensuring that they continue to deliver high-quality products while maintaining competitive pricing.
About Trecora
Based in Texas, Trecora is recognized as a leader in providing innovative and high-value materials essential for a sustainable future. With a focus on improving chemical and energy by-products, the company emphasizes safety and efficiency which contributes to reducing carbon emissions.
Trecora is dedicated to supporting not just its customers but also the wider community and the planet. Their efforts are centered around improving manufacturing processes to foster a more sustainable business approach in the specialty materials market.
Frequently Asked Questions
1. When will the new prices for Trecora’s specialty waxes take effect?
The new pricing will be effective from October 1, 2024, for all applicable orders.
2. How does Trecora determine its pricing adjustments?
Pricing adjustments are based on current market dynamics, supply chain considerations, and cost of production.
3. Are there any products whose prices will not change?
Yes, some products like CWP 2030 and MDP will maintain their current prices with no changes.
4. Why is Trecora focusing on sustainability?
Trecora aims to contribute positively to the environment through innovative materials and processes that reduce carbon footprints.
5. Where is Trecora’s manufacturing facility located?
Trecora's manufacturing facility is headquartered in Texas, where it produces a variety of specialty waxes.
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