Ashland Water Technologies, a commercial unit of Ashland Inc., announced a global price increase effective immediately, or as contracts allow, by 5% to 12% 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," said Charles Robinson, vice president, Pulp & Paper.