Gulbrandsen to Increase Tin Catalyst Prices for Polyurethanes

ORANGEBURG, S.C., Feb. 23, 2007 -- Gulbrandsen Chemicals Inc. announced today that it will increase the price of tin catalysts used in polyurethane applications effective April 1, 2007 or as contracts permit. The price for T-Cat 110 stannous octoate and T-Cat 120 di-butyl tin di-laurate will rise by 15% and the price for stannous octoate dilutions will rise in proportion to the concentrations.

Gulbrandsen said that this price increase is a direct result of the cost of tin metal in the world market with LME prices rising more than 60% in the past 6 months.

T-Cat catalysts are used primarily in a wide range of flexible polyurethane foams for residential and automotive seating and for bedding.

   For further information contact:
   Ray Thomas
   Sales and Marketing Manager
   (804) 639-2630