November 1, 2008 - The caustic
soda market is currently experiencing unprecedented tightness due to
three major manufacturers announcing force majeure, resulting
in the implementation of formal allocation programs. A consequence of
these market dynamics has resulted in dramatic price increases for caustic
soda with additional future increases expected.
Due to these dramatic increases
in neutralization costs, Ross Environmental Services, Inc. has implemented
a neutralization surcharge on waste disposal charges. It appears as
a separate line item on invoices.
The surcharge rate is variable.
Adjustments are based upon changes in the US average spot price for
caustic soda as reported by Chemical Week magazine's price
report. The rate will
adjust on the first day of each month depending upon the caustic soda
price listed in Chemical Week.
The
US average spot price for caustic as reported in Chemical Week on
October 20, 2008, is $860 per dry ton. This price corresponds
to a surcharge rate of 3.1% for the month of November, 2008.
For more information about
Chemical Week, go to their website at www.chemweek.com.
If you have any questions about the surcharge, please contact your Territory
Sales Manager or Customer Service Coordinator. You can call Customer
Service at 1-800-878-7677 or Click here
for additional contact information.
