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, 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 and municipal markets. 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 and minimize environmental impact. Headquartered in Wilmington, Delaware, the company has 41 manufacturing facilities strategically located around the globe and employs a team of approximately 5,000 professionals in 120 countries across five continents. Solenis is a 2021 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