Eka Chemicals to increase prices for paper chemicals in Europe

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Eka Chemicals to increase prices for paper chemicals in Europe

March 04, 2010 - 21:32
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GOTHENBURG, Sweden, March 5, 2010 (Press Release) -

The recent increases in the cost of basic raw materials, energy and transportation have impacted Eka Chemicals' cost structure dramatically. Continual efforts to streamline the operations and optimize cost structure are being significantly outpaced by these increases.

Eka Chemicals will therefore increase prices across its entire European Paper Chemicals product range, with immediate effect as of March 1, 2010, in order to begin to offset these higher costs.

"This price adjustment is necessary to maintain a long term sustainable business model", says Jay Hunsberger, European Marketing Director at Eka Chemicals.