Honeywell increases prices on residential and commercial carpet fiber products

Effective Aug. 1, Honeywell is increasing the price of its residential and commercial bcf fiber and fiber-grade resins by 5 cents per pound over the current price, and by 3 cents per pound on all staple fiber products from Honeywell Nylon LLC. The company is raising prices on textiles, specialty polymers and certain chemical intermediates.

Unforeseen global tightness of benzene supply caused by unplanned outages has ramped up benzene prices to new record levels, the company said in a written statement. Benzene is a key petrochemical feedstock to nylon production.