Kemira to Hike Price for Selected Paper Colorants in the Americas

April 7, 2014 - Kemira said that it will implement a price increase of up to 25% for selected paper colorants in the Americas. The adjustment will be implemented immediately or as the existing contracts allow.

The price adjustment is a result of increases in all major cost drivers including raw materials, energy and transportation, Kemira said.

The company said in a statement, "Kemira has continuously rationalized operations and reduced fixed costs, but has now reached a point when a price increase for selected colorants is necessary to secure our position as a strong paper chemicals supplier."

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SOURCE: Kemira