WILMINGTON, DE, March 10, 2021 (Press Release) -Solenis, a leading global producer of specialty chemicals, will increase prices by 10 to 15 percent on all polyacrylamide polymers, coagulants and retention aids across the EMEA region, effective immediately, or as customer contracts allow.
Originally announced last month, Solenis readjusted the price increase and also included coagulants to the list of products affected. The increase is necessary due to the major impact on key feedstock costs, and also from raw material shortages that are tighter than anticipated.
Several Force Majeure situations at major acrylonitrile producers in EMEA and North America over the last few months have caused a shortage in product availability, significant cost increases and production and supply chain issues. Acrylonitrile is the key raw material for making acrylamide monomer and polyacrylamide polymers used in papermaking, municipal water treatment, mining and oil and gas applications. Additionally, propylene feedstock costs have increased globally, resulting in significant cost increases for other key raw materials used in making polyacrylamide polymers and coagulants.
“Solenis is making every effort to overcome these factors and secure a cost-competitive supply of polyacrylamides. We thank our customers for their continued business and partnership,” said Dr. Norbert Steiner, director, Global Product Management, Industrial Polymers.
Solenis is a leading global producer of specialty chemicals for water-intensive industries, including the pulp, paper, oil and gas, petroleum refining, chemical processing, mining, biorefining, power and municipal markets. The company’s product portfolio includes a broad array of process, functional and water treatment chemistries, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets and minimize environmental impact. Headquartered in Wilmington, Delaware, the company has 39 manufacturing facilities strategically located around the globe and employs a team of approximately 5,200 professionals in 120 countries across five continents.