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Eka Chemicals to increase prices on Bleaching and Paper Chemicals in Europe

Press Release   •   Sep 15, 2010 14:34 GMT

Eka Chemicals, the AkzoNobel Pulp and Paper Chemicals business will increase prices across its entire European Paper and Bleaching Chemicals product range with immediate effect, or as contracts permit.  Depending on the product type, increases will range from 5 % to 30 %, as raw material availability and costs dictate.

“Dramatic increases during the past year in basic raw materials have impacted Eka Chemicals’ cost structure.  The impact to margins over the past year leads Eka to have to take more than just raw material cost into future pricing considerations”, says Jay Hunsberger, European Marketing Director, Eka Chemicals AB, Sweden. “It is no longer a matter of properly managing our supply chains; raw material cost increases in 2010 have often been faster and higher than the speed at which we can implement a strategy to minimize the impact to our finished goods cost”.

For further information please contact:
Jay Hunsberger, Marketing Director, Eka Chemicals
+46 31 587221 or +46 709 577221

 

Note to editors
Eka Chemicals, with 2,550 employees in 28 countries 2010, is a business unit within AkzoNobel. Turnover 2010 amounted to 1044 mEUR. Eka Chemicals is a leading supplier of bleaching chemicals, paper chemicals and systems to the pulp and paper industry throughout the world, and supplies certain special chemicals to the pharmaceuticals industry, water treatment, the electronics industry etc.

AkzoNobel is the largest global paints and coatings’ company and a major producer of specialty chemicals. We supply industries and consumers worldwide with innovative products and are passionate about developing sustainable answers for our customers. Our portfolio includes well known brands such as Dulux, Sikkens, International and Eka. Headquartered in Amsterdam, the Netherlands, we are a Global Fortune 500 company and are consistently ranked as one of the leaders in the area of sustainability.With operations in more than 80 countries, our 55,000 people around the world are committed to excellence and delivering Tomorrow’s Answers Today™.