Ashland announced today that effective immediately, or as contracts allow, it will increase prices on products sold into industrial applications by up to 15 percent in response to the continued and sustained rise in raw material and supply chain costs. The affected products include, but are not limited to:
All Cellulose ethers and derivatives
ADVANTAGE™ and DREWPLUS™ foam control agents
AQUAFLOW™ rheology modifiers
DEXTROL™ and STRODEX™ phosphate esters
GALACTASOL™ guar derivatives
PHLEX™ pH neutralizers
POLYVINYL PYRROLIDONE and derivatives
Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. At Ashland, we are approximately 6,500 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com to learn more.
*Automotive World is not responsible for the content of this news release.