SUEZ’s Water Technologies & Solutions, a business unit created by combining GE Water & Process Technologies and SUEZ’s industrial water activities, is implementing a global price increase for all specialty chemicals and related services sold into all industry segments. The increase will be effective 1 March 2018.
Driven by global and/or regional increases in certain raw materials, transportation and labour costs, the price increase is specific to the SUEZ’s Water Technologies and Solutions business unit. The price will increase globally, on average between 5 – 10%, varying by country and product.
The price increase will be implemented according to the terms and conditions of existing customer contracts and will be communicated to affected customers by SUEZ commercial teams.
“We continue to invest in our business to ensure that we can deliver solutions that improve our product and service quality, as well as reliability and profitability of our customers’ operations. The pricing actions we are taking today allow us to maintain the level of service and new product development that our customers have come to expect from SUEZ Water Technologies and Solutions," said Heiner Markhoff, CEO, SUEZ – Water Technologies and Solutions.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/14022018/suez-announces-specialty-chemicals-price-increase/