Kemira has increased the price for its polymer product line by 4-8 % across all European countries.
It said the price increase is “necessary due to overall significant cost increase and global tight supply of many key raw materials across our entire polymer product line”.
These included increases in price of major raw materials for polymer manufacturing; several building block chemicals on shortage due to force majeure of chemical plants, low stock situations and unplanned maintenance, as well as increased cost of sea freight due to supply reduction and reduction of available shipping routes, fluctuating currencies and exchange rates as well as changes in trade conditions.”
The adjustment will be effective immediately or as customer contracts allow.
