Industry News, Price Increases, Suppliers News

Ingevity Announces Price Increase for Pine Chemical-based Products

Increase is due to continued strong market demand as well as increasing raw materials, logistics and energy costs.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World

Ingevity Corporation has announced a general price increase for all merchant rosin, rosin resins, distilled tall oil, tall oil fatty acid and lignin products associated with its industrial specialties portfolio. The increase is due to continued strong market demand as well as increasing raw materials, logistics and energy costs, and will range from 10% to 15%.

The new prices will be effective Jan. 1, 2022, or as contracts allow.

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