Solvay implements price adjustment for some of its Mining Solutions products
Princeton, N.J., November 20, 2020
Solvay announces today the implementation of a global price adjustment on certain product lines from its Mining Solutions business, part of the Group’s Technology Solutions global business unit. The price adjustment addresses sustained cost pressures associated with global supplies, logistics and packaging. It also enables Solvay to continue creating value for customers through new product development, technical service and reliability of supply.
The 5% adjustment is effective immediately or as contracts permit. Products subject to this price adjustment are ACORGA® extraction reagents; AERO® promoters; AERODRI® surfactants; AEROFLOAT® promoters; AEROFROTH® frothers; AEROMINE® promoters; AEROPHINE® promoters; CYANEX® extraction reagents; CYBREAK® defoamers; CYFLOC® flocculants; CYQUEST® modifiers; and OREPREP® frothers. Due to additional cost pressure, Solvay is announcing a price adjustment of 10% for its scale inhibitors (MAX HT® and PHOSFLOW®) and ACCO-PHOS® depressants.
For additional details, contact a Solvay sales or customer service representative.
About Solvay Mining Solutions
Solvay Mining Solutions is part of the Solvay Technology Solutions global business unit (GBU). Solvay’s Technology Solutions GBU incorporates the Mining Solutions, Phosphorus Specialties, and Polymer Additives business lines. The combination of these businesses affords an opportunity for each business to maintain its unique leadership role while creating a strong, synergistic organization built with a team of experienced professionals focused on customer collaboration and intelligent innovation.
Solvay is a science company whose technologies bring benefits to many aspects of daily life. With more than 24,100 employees in 64 countries, Solvay bonds people, ideas and elements to reinvent progress. The Group seeks to create sustainable shared value for all, notably through its Solvay One Planet plan crafted around three pillars: protecting the climate, preserving resources and fostering better life. The Group’s innovative solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices, health care applications, water and air purification systems. Founded in 1863, Solvay today ranks among the world’s top three companies for the vast majority of its activities and delivered net sales of €10.2 billion in 2019. Solvay is listed on Euronext Brussels (SOLB) and Paris and in the United States, where its shares (SOLVY) are traded through a Level I ADR program. Learn more at www.solvay.com.