October 8, 2018
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Solenis, a leading global producer of specialty chemicals, will increase prices by five to 20 percent on all process, functional and water treatment chemicals globally, effective immediately or as customer contracts allow. The price increase is necessary due to the steep increase in raw material costs and the supply-demand tightness experienced throughout 2018 which is expected to continue and increase during 2019.
"Solenis continues to partner with customers to deliver high-quality products and innovative solutions which create value," said Varun Ratta, Senior Vice President of Product and Pricing Management. "We remain deeply committed to controlling, and where possible, mitigating costs and increasing operational efficiencies in order to provide differentiated technologies and reliability to our customers."
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
Europe, Middle East and Africa
Senior Manager, Corporate Communications, Eurasia