August
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 effective August 1, 2008 on waste disposal
charges. It will appear 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
July 28, 2008, is $785 per ton. This price corresponds with
a surcharge rate of 2.7% for the month of August, 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.
