Kemira to increase coagulant product prices in EMEA from Nov 1

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Kemira to increase coagulant product prices in EMEA from Nov 1

October 17, 2018 - 06:03
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HELSINKI, Oct. 17, 2018 (Press Release) -Kemira, a global chemicals company, announces price increases for all coagulant products in the EMEA region across all segments. The price increases will become effective as of November 1st, 2018 or as contract terms allow.

Price increases are necessary due to significant cost increases from several sides: All freight rates have considerably increased in 2018 and are expected to continue to rise.

Raw materials especially for aluminum-based coagulants pose an unusual challenge as the tight supply situation is globally driving cost up to unprecedented levels. Shortage of raw materials for iron-based coagulants also continue pushing cost further up.

Product Line

Product family

Price increase

Coagulants

Al-based

10-15%

 

Fe-based

6-9%

The price increases will vary based on different product types and may be significantly higher in specific countries.

Kemira does its best to mitigate impact of increasing cost while ensuring supply of high quality products to its customers. Kemira continues to be committed as a long-standing, reliable supplier of coagulants.

Kemirais 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.