Kemira to increase prices for its main sizing product lines and FennoSize-products by 10-25%

Read so far

Kemira to increase prices for its main sizing product lines and FennoSize-products by 10-25%

December 08, 2017 - 01:52
Posted in:

HELSINKI, Dec. 8, 2017 (Press Release) -Kemira, a global chemicals company serving customers in pulp & paper and other water intensive industries, announces price increases of 10-25% across its main sizing product lines and FennoSize-products.

The price adjustments of the AKD-wax and -emulsions result from a challenging raw material situation and increased costs within the AKD-wax supply chain. The price increases of the ASA-sizes are driven mainly by increased raw material costs and tight olefin supply globally. Olefins are the main raw material of the ASA-products.

The price increases of the sizing agents will become effective on January 1st, 2018 or as contracts and other conditions allow and will be implemented globally.

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 2016, Kemira had annual revenue of around EUR 2.4 billion and 4,800 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.