Solenis to Increase Prices on All Product Lines Globally
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Solenis (Wilmington, Del., USA) announced on Oct. 8, 2018 that the company will increase prices by 5-20% on all process, functional and water treatment chemicals globally, effective immediately or as customer contracts allow. The price increase is reported as 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, SVP 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."
