Ashland Global : increases worldwide prices for all products sold into pharmaceutical, nutrition nutraceuticals, advanced materials and agriculture markets
June 16, 2021 at 05:18 pm EDT
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Ashland increases worldwide prices for all products sold into pharmaceutical, nutrition nutraceuticals, advanced materials and agriculture markets
WILMINGTON, Del., June 16, 2021- Ashland is increasing prices on all products sold into pharmaceutical, nutrition, nutraceuticals, advanced materials and agricultural markets by five percent due to unprecedented increases in raw materials, labor, transportation and logistics costs.
The increase applies worldwide and is effective July 1, 2021 or as contracts allow.
About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a premier specialty materials company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 4,200 passionate, tenacious solvers - from renowned scientists and research chemists to talented engineers and plant operators - thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.comand ashland.com/sustainabilityto learn more.
™ Trademark, Ashland or its subsidiaries, registered in various countries.
FOR FURTHER INFORMATION: Media Relations Carolmarie Brown 302-995-3158ccbrown@ashland.com
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Ashland Global Holdings Inc. published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2021 21:17:05 UTC.
Ashland Inc. is a global specialty additives and materials company. The Company serves customers in a wide range of consumer and industrial markets, including architectural coatings, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical. The Company's segments include life sciences, personal care, specialty additives and intermediates. The life sciences segment is comprised of pharmaceuticals, nutrition, nutraceuticals, agricultural chemicals, diagnostic films and fine chemicals. The personal care segment is comprised of bio functionals, microbial protectants (preservatives), skin care, sun care, oral care, hair care and household solutions. The specialty additives segment is comprised of rheology and additives serving the architectural coatings, construction, energy, automotive and various industrial markets. Its Intermediates segment is comprised of the production of 1,4 butanediol (BDO) and related derivatives, including n-methyl pyrrolidone.
Ashland Global : increases worldwide prices for all products sold into pharmaceutical, nutrition nutraceuticals, advanced materials and agriculture markets