Solenis, a leading global producer of specialty chemicals, will increase prices by up to 20 percent on all wet strength resins in EMEA, effective immediately or as contracts allow. The price increase is necessary due to a lack of raw material availability, escalating key raw material costs and a surge in freight costs that has led to additional pressure on the company’s global supply chain.
“We are unable to absorb the impact of the increased costs that we are currently experiencing but we will continue to work in partnership with our customers to help mitigate the increases,” said Jose Santolaya, director, EMEA marketing and product management.
RELATED NEWS
CMPC starts process for new pulp mill project in Brazil
April 30, 2024
TappiCon 2024 in Cleveland: Rock the Roll!
April 29, 2024
SCA to increase kraftliner prices by €60 per tonne
April 26, 2024
The Navigator Company increases tissue prices by 8 to 10%
April 25, 2024
Metsä Board to modernise Simpele board mill
April 24, 2024
Papeterie Saint-Michel placed in receivership
April 24, 2024
Södra stands strong in new market conditions
April 24, 2024
Oji Holdings has completed the acquisition of Walki Group
April 23, 2024