Shell Catalysts & Technologies to increase pricing of catalyst products
Published by Bella Weetch,
Editorial Assistant
Hydrocarbon Engineering,
Shell Catalysts & Technologies (SC&T) announces a global price increase of its refining and chemical catalyst product lines. This announcement comes as a result of unprecedented global economic challenges which include a rise in energy and raw material costs, supply chain stresses, plus the increased cost of transportation of goods.
“Shell has experienced significant cost increases that have affected our catalysts business around the world. After careful evaluation of the current market dynamics and global economic challenges we have decided to increase the prices of our catalyst products,” said Elise H. Nowee, President, SC&T. “We are (and remain) committed to continue providing high quality catalyst products and services to our customers and sustainably create value for our customers today and in the future.”
As an owner-operator, SC&T understands the breadth and depth of the challenges created as costs increase. Along with leveraging our size to minimise material and logistic costs which translate directly toward savings, the company is focused on working with customers to identify areas for operational improvements through reduced energy consumption, minimised byproducts, and maximised yield recovery.
Read the article online at: https://www.hydrocarbonengineering.com/refining/09022023/shell-catalysts-technologies-to-increase-pricing-of-catalyst-products/
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