Solenis, a leading global producer of specialty chemicals, will implement a price increase by up to 30 percent on all utility, process and functional product lines across the EMEA region, effective December 1 or as customer contracts allow.
The price increase is necessary due to the tightening of raw material supply globally and escalating energy, packaging and transportation costs.
https://www.solenis.com/en/resources/news-releases/2021/solenis-to-increase-prices-on-all-product-lines-across-europe-middle-east-and-africa-emea
Related Posts
The American government is imposing more anti-dumping duties on Canadian newsprint. The U.S. Department of Commerce says a preliminary investigation has found Canadian exporters underpriced uncoated groundwood paper by between 0 and 22.16 per cent. Uncoated groundwood paper includes newsprint, as well as paper for book publishing, printing and writing. The department says it calculated a dumping rate of 22.16 per cent for Catalyst Paper Corp. of British Columbia. It says Resolute Forest Products and White Birch were both found to have dumping rates of 0 per cent. Click Read More below for additional information.
Comments by the CEO: The third quarter was another solid quarter for Billerud. As we had planned, our net sales grew, and profitability improved in both regions. The positive profitability trend we have seen from the beginning of the year continued. The Group’s EBITDA margin ended at 14%, our strongest result since Q4 2022. Production stability was solid in the quarter and our scheduled maintenance stops in three mills went according to plan. Yet again, region North America delivered an excellent financial performance with double digit sales growth and 18% EBITDA margin. All our categories in the US contributed to the strong result. In Region Europe, our fiber cost continued to increase, while most other input costs declined. Also for this quarter, we were successfully able to offset the cost inflation by proactive pricing and portfolio management for Europe. This is key and it will continue to be one of our top priorities going forward. Region Europe reached an EBITDA margin of 16%, the highest profitability in two years. Our efficiency enhancement program continues to deliver structural savings. Disciplined work to eliminate price point outliers in the customer base as well as to increase our field-purchased pulpwood in the vicinity of our Swedish mills produces positive effects.
ANDRITZ will supply a new 7-effect evaporation plant on EPC basis with a capacity of 390 t/h that will concentrate kraft black liquor to a final dry solids content of 75%. The plant will be the largest in India and have the capability to improve the quality of condensate from the existing mill so that it can be re-used effectively in the mill and also to reduce water consumption.