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SCHENECTADY, NY – December 1, 2020 – SI Group, a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates announced today a price increase for its rubber and adhesive additives. Pricing for affected products will increase by 15-20% effective immediately, or as contracts allow.
"As a result of the dynamic rubber and adhesive additives global market conditions, we must adjust our product pricing," said Robert Kaiser, VP Rubber & Adhesive Solutions. "The new pricing will ensure that we can continue to deliver on our brand promise of providing high quality products with first-rate security of supply to our customers."
SI Group's sales representatives will communicate new pricing information with existing customers for all affected products.
About SI Group
SI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates. SI Group solutions are essential to enhancing the quality and performance of countless industrial and consumer goods within the plastics, rubber & adhesives, fuels & lubricants, oilfield, pharmaceutical, and industrial resins industries. Headquartered in Schenectady, New York, SI Group’s global manufacturing footprint includes more than 30 facilities on five continents, serving customers in 90 countries with approximately $2 billion in annual sales and more than 3,000 employees worldwide. SI Group innovates and drives change to create value with a passion for safety, chemistry, and extraordinary results. Learn more at www.siigroup.com
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