▷ SI Group announces global energy surcharge to offset rising costs


29.10.2021 – 23:25

SI Group

Schenectady, New York (ots/PRNewswire)

The company’s action plan addresses global energy challenges

SI Group, a leader in high performance additives, today announced an energy surcharge levied on global products in response to rising energy costs, including natural gas, coal power and crude oil. SI Group will apply different surcharges depending on the region of production from Sunday 7 November 2021, subject to the terms and conditions in force. The amount depends on the date of production of the product as follows

America: 205 US-Dollar/T
If 205 US-Dollar/T
APAC 205 US-Dollar/T
EMEA 335 Euro/T

“In these dynamic times, SI Group continues to work diligently to minimize and absorb the significant increases in energy costs. However, as the increases have continued, it is necessary to introduce an energy surcharge as we continue to commit ourselves to offering our valued customers market-leading products and services “said Joey Gullion, Sr. Vice President and Chief Commercial Officer, SI Group. He added, “We are working closely with our global customers to communicate in a timely manner about our action plans and ensure the prospect of further increases.”

SI Group will continue to monitor market conditions and communicate regularly with valued customer partners. Affected customers will be contacted directly by their SI Group account manager.

Information about the SI Group

SI Group is a global leader in the innovative technology of high performance additives, process solutions, active pharmaceutical ingredients and chemical intermediates. SI Group is a global leader in the innovative technology of high performance additives, process solutions, active pharmaceutical ingredients and chemical intermediates. Headquartered in Schenectady, New York, SI Group global manufacturing includes 21 facilities on four continents serving customers in 90 countries with approximately 2,300 employees worldwide. In 2021, SI Group received the EcoVadis Gold Award for Social Responsibility and is one of the top five percent of more than 50,000 companies worldwide. SI Group is innovative and drives change to create value, with a passion for safety, chemistry and exceptional results. For more information, see: www.siigroup.com.

Press contact:

Joseph Grande
Tel.: + 1.413.684.2463
[email protected]
Logo – https://mma.prnewswire.com/media/95496/si_group__inc__logo.jpg

Original content by: SI Group, transmitted by news aktuell


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