WILMINGTON, DE, March 18, 2021 (Press Release) -Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all wet strength resins in EMEA, effective immediately or as contracts allow. The price increase is necessary due to a lack of raw material availability, escalating key raw material costs and a surge in freight costs that has led to additional pressure on the company’s global supply chain.
“We are unable to absorb the impact of the increased costs that we are currently experiencing but we will continue to work in partnership with our customers to help mitigate the increases,” said Jose Santolaya, director, EMEA marketing and product management.
Solenis is a leading global producer of specialty chemicals for water-intensive industries, including the pulp, paper, oil and gas, petroleum refining, chemical processing, mining, biorefining, power and municipal markets. The company’s product portfolio includes a broad array of process, functional and water treatment chemistries as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets and minimize environmental impact. Headquartered in Wilmington, Delaware, the company has 39 manufacturing facilities strategically located around the globe and employs a team of approximately 5,200 professionals in 120 countries across five continents.