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 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. For additional information about Solenis, please visit www.solenis.com or follow us on social media.
FOR FURTHER INFORMATION
Senior Director, Corporate Communications