Kemira bumps prices 30% in its process and functional chemistry portfolio

Kemira, a global chemicals company in the pulp and paper industry, has announced price increases of up to 30 per cent in the process and functional chemistry portfolio globally.
According to Kemira, the increase will be effective for deliveries from October 1 onwards or “as contracts allow.”
The process and functional portfolio includes all specialty chemical products utilized in pulp, paper and board production. Applications include pulping, wet-end chemistry, surface chemistry and water treatment.
The reason for the considerable hike in prices is due to the industry “experiencing a sharp increase in the costs for raw materials, transportation, packaging and labour, as well as tightening regulatory demands,” according to a statement from Kemira.
Raw material and logistics availability continue to be constrained, adds the press release.