HELSINKI, Jan. 23, 2017 (Press Release) -Kemira, a global chemicals company serving customers in water intensive industries, is announcing price increases on polyacrylamide polymers in all market segments in the Americas.
The increase will range from 5-15%, depending on product type, and will be effective for all deliveries on or after February 1, 2017, or as specific contract terms allow.
Demand recovery particularly in the oil & gas market is straining the global supply of key raw materials for polyacrylamide polymers and has resulted in significant price increases.
“While Kemira continues to take actions to minimize the impact of escalating raw materials costs, it is necessary to take action now to minimize the impact of these cost increases on our operations, so that we can continue supplying our valued customers with quality products while making necessary investments in support of this core product line,” says Tarjei Johansen, President of the Americas region for Kemira.
For further information, customers are advised to contact their local Kemira account representative.
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.