Ashland Hercules Water Technologies, a commercial unit of Ashland Inc., will increase prices immediately for its portfolio of polyacrylamide chemistries sold in North America by a minimum of 5 to 15 percent, or as contracts allow. In addition, other Water Technologies treatment products will realize an increase of 7 to 15 percent. This increase is in addition to the November action taken to manage increased costs.
A persistent increase in raw material prices is driving this price increase. "Steep escalation of several critical raw materials, energy and transportation costs make these increases necessary. We will continue to work in partnership with our customers to help mitigate these increases," said Guy West, vice president, commercial, for Ashland Hercules Water Technologies. "Responding to changing market conditions enables us to continue our industry-leading product support and deliver value to our customers."
Tuesday, 18 January 2011 14:53
Ashland Hercules Water Technologies to increase prices in North America
Ian Melin-Jones
Published in
North American News
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