Lonza Announces Price Increase for Biocides and Film Preservation Products
Allendale, NJ (USA), 16 May 2017 - Lonza, the world leader and supplier of biocides, announced today a global price increase for biocidal products across the market fields of Plastics, Leather, Textiles, Metal Working Fluids, Paints, Coatings and Inks.
As a consequence of the persistent increase in operating, manufacturing and regulatory costs, Lonza will institute up to a 10% price increase for biocides. This increase will be applied to all biocidal product lines worldwide.
“To allow continued investment in regulatory and manufacturing infrastructure, it is necessary for us to increase price levels globally in order for us to remain a long-term, reliable partner for our customers,” said David Doles, Head of Lonza's Materials Performance & Protection Business Unit.