Purolite Corporation is implementing a global price increase for its ion exchange, catalyst, adsorbent and specialty high-performance resins in the Core Technologies business (residential, municipal, commercial and industrial).
Given recent severe cost increases, Purolite is assessing the impact and will be implementing a global price increase accordingly. The increase is effective January 1, 2022 or as contracts allow.
Since the beginning of 2021, Purolite has experienced increasing raw material, freight and packaging costs. Chemical prices have seen a significant inflationary period. This impacts styrene, DVB, acids, bases, amines and other ethylene-based chemicals. Freight, both domestic and internationally, has increased significantly, especially ocean container rates. Prices of lumber, paper and steel have hit record highs driving up packaging costs.
“This adjustment will allow Purolite to continue offering the same high level of quality, sales and technical support,” said Jacob Brodie, vice president of Americas. "We will continue to monitor the situation to align with market conditions."
