Ashland Water Technologies Announces Global Price Increase

Aug. 21, 2013 - Ashland Water Technologies announced a global price increase effective immediately, or as contracts allow, by 5 to 12 percent varying by country and product. Both business units, Pulp & Paper and Industrial Water Treatment will implement these increases on most products within its portfolio around the world.

"Inflationary pressures associated with energy, transportation and labor, combined with cost escalation in regulatory compliance and raw materials make these increases necessary. We will continue to work in partnership with our customers to help mitigate these increases, said John Schumann, vice president, Industrial Water.

"This action is necessary to continue to provide industry-leading product support and value to our customers," added Charles Robinson, vice president, Pulp & Paper.

Ashland Water Technologies is a leading specialty chemical supplier of process, utility and functional chemistries globally. It offers innovative chemical and equipment technologies designed to help customers improve operational efficiencies, enhance product quality, protect plant assets and minimize environmental impact. For additional information visit: www.ashland.com.

SOURCE: Ashland Water Technologies