Kemira Oyj, Press release, October 29, 2021 at 9.00 a.m. (EEST)
Kemira, a global chemicals company serving customers in the water-intensive industries, announces price increases for AKD wax and aluminum-based water treatment coagulants (PAC) for customers in the pulp and paper industry in the Asia-Pacific region.
The adjustment will be effective from November 1, 2021 onwards or as contracts allow and as follows:
- AKD wax 10–25% (FennoWax)
- PAC coagulants >40% (Kemira PAX-PS, Kemira PAX-18, FennoFloc 8210)
These price increases are unavoidable due to a sharp increase in the cost of key raw materials and energy, which is caused mainly by the tightening regulatory demands and macro-control policies on energy in the region. Raw material availability continues to be constrained and freight costs have dramatically increased.
Kemira remains committed to mitigating the impact of these challenging market conditions while providing the highest quality products and services and ensuring smooth deliveries to its customers.
For more information, please contact:
Nichlas Kavander
Senior Vice President, Commercial, Pulp & Paper APAC
Kemira
nichlas.kavander@kemira.com
Kemira is a global leader in sustainable chemical solutions for water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, water treatment and oil & gas. In 2020, Kemira had annual revenue of around EUR 2.4 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd.
www.kemira.com