Chemical Industry News, Data & Insights

Kemira Raises AKD Wax Prices

Key highlights
  • AKD wax prices increase by 10-20% effective immediately or as contracts allow.
  • The price adjustment is due to higher costs in the AKD wax value chain.

Price Increase Announcement

Kemira has announced a price increase of 10-20% for all AKD (alkyl ketene dimer) wax products. This change is effective immediately or as existing contracts permit.

Reason for Adjustment

The price adjustment is driven by significantly higher costs across the AKD wax value chain. This move aims to address the increased expenses while maintaining the company's operational efficiency.

Commitment to Customers

Kemira emphasizes its commitment to ensuring the security of supply for its customers. The company aims to keep its production costs competitive while maintaining high-quality service levels.