HELSINKI, April 7, 2016 (Press Release) -Kemira, a global chemicals company serving customers in water intensive industries, announces price increase for its inorganic coagulant product lines for water treatment applications and specific pulp and paper manufacturing applications in selected European countries. The adjustment will be immediately implemented or as the existing contracts allow.
In addition to the operational efficiency improvements implemented in recent years, price adjustments for the iron and aluminum salts are necessary due to increased cost within the coagulant value chain, partially driven by local scarcity of certain raw materials and the overall increased regulatory and sustainability requirements.
The increase will range from 5-8% but can be significantly higher for specific product types in selected locations which are more acutely impacted by the above mentioned cost drivers.
Kemira is a global chemicals company serving customers in water-intensive industries. We provide expertise, application know-how and chemicals that improve our customers' water, energy and raw material 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.