Ashland to increase prices on coatings products effective Feb. 1, 2022; increases will range 3% to 10%

Sample article from our Chemicals Industry

WILMINGTON, Delaware , January 18, 2022 (press release) –

Ashland today announced it will increase prices for products within the coatings segment, effective February 1, 2022.

product line

increase

natrosolTM hydroxy ethyl cellulose rheology modifiers

10%

aquaflowTM non-ionic synthetic associative thickeners (NSAT)

5%

drewplusTM, drewTM, advantageTM defoamers

8% -10%

pHlexTM neutralizing amines (Europe and Americas only)

5%

strodexTM and dextrolTM phosphate esters

5%

klucelTM hydroxy propyl cellulose

5%

culminalTM methyl cellulose derivatives

3% -9 %

all other Ashland products sold into segment

10%

New product pricing will be in effect for all new orders placed for shipment on or after February 1, 2022, or as agreements allow.

While Ashland continues to focus on managing costs to deliver top-quality products and exceptional service, the recent price increase is due to surging raw materials, transportation, and energy costs.

About Ashland

Ashland (NYSE: ASH) is a global, consumer market-focused additives and specialty ingredients company that is responsibly solving for a better world. Through science and a conscious and proactive mindset for sustainability, we serve customers in pharmaceutical, personal care, architectural coatings, construction, energy, food, beverage, and nutraceuticals. At Ashland, we are approximately 3,800* passionate, tenacious solvers who thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com and ashland.com/sustainability to learn more.

* Reflects employee base following the planned sale in 2022 of performance adhesives. TM Trademark, Ashland or its subsidiaries, registered in various countries.

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