Due to continuously escalating raw materials, logistics and energy costs, Kemira Oil & Mining segment announces a price increase for its Superfloc®, KemDrill®, KemSep® and Fennopol® products used for oil and mining applications.
The price increase will range from 4% to 8% for most products, but can be higher for products more acutely impacted by escalating cost drivers. The increase will be effective for all deliveries from April 1st, 2012 onwards or as specific contract terms allow.
While Kemira continues to take actions to minimize the impact of escalating raw material costs, it is necessary to adjust pricing in order to compensate for the energy impact, raw material costs and increased freight costs.
Further information:
Dana Eagar
Vice President
Global Marketing, Oil & Mining
Tel. +1 4044145120