Kemira to enforce global price increases
HELSINKI, June 13, 2008 (Press Release) - Effective June 16th, 2008, Kemira Group will raise prices globally significantly across its entire product portfolio. The increases will in some cases exceed 25%. The increases will reflect the increase of costs on a geographical basis and will vary by product.
"Costs for raw materials, energy and transportation have continued to increase, and no relief is expected in the near future, states Kemira's President and CEO Harri Kerminen. "Under these conditions our only choice is to implement product price increases, while we will continue to take all measures to keep costs under control to minimize the impact on our customers."
