Document jgB3K6ZwNbkKj6j0eMyVD9Yxy

Monsanto MONSANTO POLYMERS & PETROCHEMICALS CO. 730 Worcstr Strt Indian Orchard, Massachusetts 01051 Phone: (413) 788-6911 August 28, 1974 Mr. H. A. Peed, General Manager The Borden Chemical Co. 511 Lancaster Street Leominster, Massachusetts 01453 Subject: Opalon Raw Material Prices Dear Gus: As a follow-up to our phone conversation on 8/23, I am happy to provide a detailed account of the 1,380{/pound raw material price increase for Opalon 4l0. This product contains sorbitan monolaurate (SML) which was of specific interest. Raw Mat'l. Octanol Pot. Pers. Sod, BiC. Sod. BiS. SLS Amm. Pers. Cone. Agent SML Raw Mat11. Prices, Actual Usage/ Dec. *73 July * 74 100# PVC $/Lb. $/Lb. A$ Usage xA * .099 .002 .089 - .144 2.190 .021 .190 1.785 .3832 .6684 .0490 ,1024 .2500 .2407 1.2000 .5500 .4400 .2500 .0694 .1410 ,4250 .2800 1.2000 1.1000 .0568 .4184 .0204 .0386 .1750 .0393 . 0 .5500 .006 0 .002 .006 .383 .001 0 .98Z Total +1,380{/Lb. These unit prices are those in effect on the dates shown and neither anticipate future price increases nor reflect added allow ances to recover costs from prices that moved up during the Dec.'73 through July '74 interval. As noted, SML price has doubled during this time and accounts for a product cost increase of 0.982{. To , help you relate SML price action back to the initial period (Feb.173), the SML related increase at our Feb. '74 review was 0.410{/lb. of Opalon 410, if you will recall. This was a result of a price increase of 0|22,99{/lb. of SML (from 32{ to 55{) between Feb.'73 and Feb.'74. RSV0022176 Mr. H. A. Peed - 2 August 28, 1974 Regarding the VCM price increase, I have double-checked our invoices from Dow and have confirmed the 8.54/pound F.O.B. price effective August 1, 19 74. It is a Company policy to not forward invoices as price confirmation, Gus, but be assured that copies remain on file within Monsanto should you have a later need to ascertain positive evidence of this cost. Sincerely /m bcc: G. M. Ellsworth R. E. Cummings G. L. Smith-St.Louis R. L. Bourget RSV0022177