October 31, 2014
FOR IMMEDIATE RELEASE
WILMINGTON, Del. – Solenis today announced a global price increase effective immediately, or as contracts allow, by 25% on ASA products.
"Our cost to supply customers with ASA has been impacted significantly due to the global shortage of alpha olefin, a key raw material. It is expected that olefin supply will continue to be tight as the supply chain builds inventory through mid-2015. We will work closely in partnership with our customers to find alternative solutions,” said Charles Robinson, senior vice president, Pulp & Paper.
Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including the pulp, packaging paper and board, tissue and towel, oil and gas, petroleum refining, chemical processing, mining, biorefining, power, municipal, and pool and spa markets. Owned by Platinum Equity, the company’s product portfolio includes a broad array of water treatment chemistries, process aids and functional additives, 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, minimize environmental impact and maintain healthy water. Headquartered in Wilmington, Delaware, the company has 49 manufacturing facilities strategically located around the globe and employs a team of over 6,400 professionals in 120 countries across five continents. Solenis is a 2022 US Best Managed Company.
For additional information about Solenis, please visit www.solenis.com or follow us on social media.
FOR FURTHER INFORMATION
Senior Director, Corporate Communications