Switzerland based Archroma, a global, diversified provider of specialty chemicals, recently announced a price increase across its portfolio. Effective from 01 October 2021, Archroma will increase the prices of its products by up to 0.25 USD per kg. These adjustments will apply to all Archroma products globally. The increase is necessary to offset the ongoing exceptionally high freight and logistics costs.
“Archroma made every effort to absorb these increases,” said Marcos Furrer, Chief Operating Officer at Archroma. “We have however reached a point where these adjustments are needed for us to be able to maintain our service levels.”
Archroma is a provider of specialty chemicals serving the branded and performance textiles, packaging and paper, and coatings, adhesives and sealants markets. Headquartered in Reinach, Switzerland, Archroma operates in over 100 countries, with 3,000 employees located in 35 countries and 26 production sites.
The company is passionate about delivering leading and innovative solutions, enhancing people’s lives and respecting the planet. The company is committed to the principles of “The Archroma Way to a Sustainable World: Safe, Efficient, Enhanced. It’s our nature!”; an approach reflected in its innovations, world-class quality standards, high service levels and cost-efficiency.