Kemira to increase prices by 10%-30% for selected alkyl ketene dimer wax-based sizing products in APAC region, effective immediately; company cites continuous cost increases of main raw materials, energy, logistics, regulatory requirements

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HELSINKI , March 17, 2022 (press release) –

 

Kemira increases prices for AKD based products in the APAC region

Kemira will implement a price increase of 10-30% for selected AKD (alkyl ketene dimer) wax based sizing products in APAC. The price adjustment will be effective immediately or as the existing AKD contracts allow. The decision is triggered by continuous cost increases of main raw materials, energy, logistics and HSE regulatory compliance requirements. AKD wax is the main raw material for AKD sizing products.

Kemira remains committed to mitigating the impact of these challenging market conditions while providing the highest quality products and services to its customers.

Kemira is a global leader in sustainable chemical solutions for water intensive industries. We provide best suited products and expertise to improve our customers’ product quality, process and resource efficiency. Our focus is on pulp & paper, water treatment and energy industry. In 2021, Kemira had annual revenue of around EUR 2.7 billion and around 5,000 employees. Kemira shares are listed on the Nasdaq Helsinki Ltd. 
 www.kemira.com 

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