Kemira Increases Prices of Polymer Products in Americas
(USA, Jan. 23, 2017) Kemira is announcing price increases on polyacrylamide polymers in all market segments in the Americas.
The increase will range from 5-15%, depending on product type, and will be effective for all deliveries on or after February 1, 2017, or as specific contract terms allow.
Demand recovery particularly in the oil & gas market is straining the global supply of key raw materials for polyacrylamide polymers and has resulted in significant price increases.
“While Kemira continues to take actions to minimize the impact of escalating raw materials costs, it is necessary to take action now to minimize the impact of these cost increases on our operations, so that we can continue supplying our valued customers with quality products while making necessary investments in support of this core product line,” says Tarjei Johansen, President of the Americas region for Kemira. (Source: press release)