Kemira to increase AKD wax based sizing product prices by up to 15% in APAC, effective immediately

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Kemira to increase AKD wax based sizing product prices by up to 15% in APAC, effective immediately

October 12, 2016 - 22:16
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HELSINKI, Oct. 13, 2016 (Press Release) -Kemira will implement a price increase of up to 15 % for selected AKD (alkyl ketene dimer) wax based sizing products in APAC. The adjustment will be immediately implemented or as the existing AKD wax contracts allow. The price adjustment is a result of increased costs within the AKD-wax supply chain. AKD-wax is the main raw material for AKD-sizing products.

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, mining and water treatment. In 2015, Kemira had annual revenue of EUR 2.4 billion and around 4,700 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.