September 3, 2019
FOR IMMEDIATE RELEASE
WILMINGTON, Del (USA) Solenis, a leading global producer of specialty chemicals, will increase prices up to 10 percent on polyacrylamides across Europe, Middle East and Africa, effective Oct 1, 2019.
These increases are due to continuing shortages in key raw materials required to produce polyacrylamides, force majeure situations and unexpected maintenance shutdowns have resulted in significant cost increases over the last months. To ensure uninterrupted supply to all our customers, Solenis has been forced to purchase key raw materials at a significantly higher cost on a spot basis as well as increase the inventory for monomers and finished goods.
Solenis is actively working to mitigate the effect of these shortages and secure a cost-competitive supply of polyacrylamides 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
Senior Director, Corporate Communications