West, ExxonMobil sign 5-year global butyl rubber deal

Lionville, Pennsylvania – West Pharmaceutical Services will buy at least 80 percent of its butyl rubber requirements from ExxonMobil Chemical between now and 2010, according to a deal signed by the two companies.

West announced the long-term contract in a statement to the Stock Exchange Commision in New York. The agreement allows for a discount to ExxonMobil’s list prices and also allows renegotiation of prices based on changes in the costs of energy and changes in pricing and volumes if ExxonMobil’s prices become…

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