Purolite announces price increase for ion exchange, catalyst, adsorbent & specialty high-performance resins
Purolite Corp. is implementing a global price increase for its ion exchange, catalyst, adsorbent and specialty high-performance resins in its Core Technologies business (residential, municipal, commercial and industrial). The increase averages 8%, depending on product grade. It is effective immediately or as contracts allow.
Since the beginning of 2021, Purolite has experienced increasing raw material, freight and packaging costs. Chemical prices have increased by 20 to 30%, particularly with anything related to petrochemicals. This impacts styrene, DVB and other ethylene-based chemicals. Freight both domestic and internationally have increased significantly, especially ocean container rates. Prices of lumber, paper and steel have hit record highs driving up packaging costs.
“These adjustments will allow Purolite to continue offering the same high level of quality, sales and technical support,” said Jacob Brodie, Vice President Americas for Purolite. "We will continue to monitor the situation to align with market conditions. We thank you for your continued loyalty."
- Read about WQP's 2019 Industry Icon, Francis Boodoo, director of applied technologies for Purolite Corp.