HOUSTON (ICIS)--BP has decided to raise acetic acid prices in the US and Canada in July, the latest development in the acetyls chain following a force majeure the company declared recently after a problem arose at a Texas plant. The price increase announcement did not mention the force majeure that BP declared on 27 April. It attributed the 3 cent/lb ($66/tonne) increase as 'necessary due to continued high raw material costs and increasing logistics costs'.
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