Solenis to Move to Monthly Pricing on All Product Lines Globally

Given the current global situation driving rapid escalation of raw material costs along with the sharp rise in crude oil resulting from the U.S. and U.K. governments’ decision to ban the purchase of Russian oil derivatives, Solenis is experiencing unprecedented weekly volatility in our cost to serve our customers. As a result, Solenis will move to monthly pricing on all product lines effective April 1, 2022.

All product lines and market segments are being severely impacted by these world events. We continue to focus our team on mitigating the impact of this situation on our customers’ operations by exhausting every pathway to procure raw materials to support customer demand and avoid run outs. However, these volumes are coming at an extremely high cost which requires our temporary shift to a monthly pricing structure.

We consider this a temporary situation, and we will continue to monitor this volatile situation and will keep lines of communication open to allow de-escalation of monthly pricing as energy pricing and other raw material feedstocks normalize.
https://www.solenis.com/en/resources/news-releases/2022/solenis-to-move-to-monthly-pricing-on-all-product-lines-globally

Related Posts

Norske Skog will shut down Ettamogah plant to help NSW and Victoria avoid summer blackouts during peak electricity demands

Albury’s Norske Skog paper mill will stop production during peak power demands to help avoid major summer blackouts. The Border business was among 14 industrial electricity users and producers who have signed contracts with the Australian Energy Market Operator to help avoid large-scale blackouts like those which hit South Australia last summer. Visy was also included but the company was unable to confirm if its Wodonga plants would be affected. Under the agreement, Norske Skog would shut down its paper machine and recycled fibre plant for a set time, likely to be between an hour and several hours, during peak demand so its electricity could be used elsewhere across the network. Click Read More below for additional information.

Mercer International Inc. to acquire Holzindustrie Torgau (“HIT”) significantly expanding its solid wood operations

Mercer International Inc. announced that it has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT for consideration of €270 million, inclusive of forecasted net working capital of approximately €43 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany (the “HIT Facility“) and a wood processing facility in Dahlen, Germany that produces garden products.

Sappi announces a significant step towards climate neutrality through the upgrade of boiler 11 at its SEU Gratkorn mill

As part of Sappi’s global long term commitment to sustainability and the focus it has on climate action a decision has been reached to invest in a complete modernisation of boiler 11 at the Sappi Europe Gratkorn production site. This investment into state-of-the-art technology will see a shift from a coal boiler to a multi fuel boiler in two phases with the goal to finally use only sustainable and renewable fuels. “The rebuild is an important investment in our sustainable pulp and paper production and a further important contribution to climate protection. It allows Gratkorn mill to reduce its CO2 emissions by 30 % and is a big commitment to boosting the decarbonisation of our sector”, says Berry Wiersum, CEO Sappi Europe. This investment is part of an overall larger scale decarbonisation strategy for Sappi Europe, which in the near term seeks to deliver a 25% specific greenhouse gas reduction by 2025.
Back To Top
×Close search
Search