Nalco Champion, an Ecolab company (ECL), today announced a price
increase for customers in all its segments. Pricing for most Nalco
Champion products and programs will increase globally between 6 and 9
percent, varying by country and product. This price increase will be
effective Oct. 1, 2017.
This price adjustment is driven by notable increases in key raw material
costs, combined with global inflationary factors in labor and freight.
Nalco Champion sales personnel will be contacting customers directly to
discuss the impact of these increases.
"We have taken significant structural cost-reduction actions during the
down cycle over the past few years. Unfortunately, it has now become
necessary to increase our prices to offset industry inflation and ensure
our ability to continue delivering value to customers moving forward,”
said Steve Taylor, executive vice president and president, Nalco
Champion.
About Ecolab
Nalco Champion is an Ecolab company. A trusted partner at more than one
million customer locations, Ecolab (ECL) is the global leader in water,
hygiene and energy technologies and services that protect people and
vital resources. With 2016 sales of $13 billion and 48,000 associates,
Ecolab delivers comprehensive solutions and on-site service to promote
safe food, maintain clean environments, optimize water and energy use
and improve operational efficiencies for customers in the food,
healthcare, energy, hospitality and industrial markets in more than 170
countries around the world. For more Ecolab news and information, visit www.ecolab.com.
(ECL-C)
Ecolab Inc.
Michael Monahan, 651-250-2809
or
Andrew Hedberg, 651-250-2105