Chemical prices take a hike
March 28, 2005 By Pulp & Paper Canada
Companies Hercules, Kemira and Ciba have all implemented price hikes for their paper chemicals. Ciba Specialty Chem…
Companies Hercules, Kemira and Ciba have all implemented price hikes for their paper chemicals. Ciba Specialty Chemicals announced increases and fixed cost per tonne agreements up to 15%, effective as of April 1st, or as contracts permit. Kemira Chemicals is set to implement 10-15% price hikes for all its product lines as of May 1st, with polymer products, defoamers containing silicone and oil, and acrylic acid based products subject to a greater impact. The pulp and paper division of Hercules is upping the ante effective immediately, and is initiating price increases of up to 15% for the majority of its process and functional chemical products. A higher percent increase may be applied to some products due to the volatility of raw material.
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