Kemira to increase prices for FennoSize AS and AKD based sizing technologies by 15% globally, effective immediately

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Kemira to increase prices for FennoSize AS and AKD based sizing technologies by 15% globally, effective immediately

July 11, 2018 - 10:36
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HELSINKI, July 11, 2018 (Press Release) -Kemira, a global chemicals company serving customers in the pulp and paper industry, announces price increases for sizing technologies globally.

Effective immediately or as contracts allow, the price of FennoSize ASA and AKD based offerings will increase by up to 15%.

The decision is triggered by continuous cost increases of raw materials, energy and logistics, and regulatory compliance requirements combined with limited availability of key raw materials which are used in the manufacturing of these technologies.

Kemira is a global chemicals company serving customers in water intensive industries. We provide expertise, application know-how and chemicals that improve our customers' product quality, process and resource efficiency. Our focus is on pulp & paper, oil & gas and water treatment. In 2017, Kemira had annual revenue of around EUR 2.5 billion and 4,732 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.