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Kemira increases prices for all its polymer products in EMEA region across all segments from Feb 1

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Kemira increases prices for all its polymer products in EMEA region across all segments from Feb 1

January 27, 2021 - 09:08
Posted in:

HELSINKI, Jan. 26, 2021 (Press Release) -Kemira, a global chemicals company, announces price increases for all polymer products in the EMEA region across all segments. The price increases will become effective as of February 1st, 2021 or as contract terms allow.

Recent economic rebound and positive developments in many downstream markets have led to unforeseen cost increases. As a consequence, costs of key raw materials have increased considerably driven by strong demand and increased feedstock costs. In addition, increased regulatory requirements and substantial increases in logistics costs across the European continent, driven by the introduction of CO2 tax in Germany, as well as increased overseas freight and Brexit related costs, make this price adjustment necessary.

The following price increases will become effective as of February 1st, 2021 or as contract terms allow:

Product line

Price increase

Dry powder polymers

+8 – 12%

Emulsion polymers

+4 – 10%

Polyamines & other liquid polymers

+6 – 8%

Price increases will vary based on geographic region and will differ by product type and may be higher in selected areas.

Kemira continues to be committed as a long-standing supplier of high-quality products and solutions for the water intensive industries in the EMEA region.

Kemira is a global chemicals company serving customers in water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, oil & gas and water treatment. In 2019, Kemira had annual revenue of around EUR 2.7 billion and over 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.