April 23, 2018
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Solenis, a leading global producer of specialty chemicals, will increase prices by five to 30 percent on all process chemicals, effective immediately or as customer contracts allow. The price increases are due to increases in key raw material costs, escalating freight costs and decreased market availability of several raw materials.
"We are committed to delivering high-value, innovative solutions to help customers maximize their productivity," said Varun Ratta, Senior Vice President, Product and Pricing Management. "While these price increases are necessary for us to reliably supply and support our customers, we'll continue our efforts to help mitigate these increases and control their costs with beneficial process improvements."
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