Mare Group Announcement October 2018

Price increase of functional and process paper chemicals.

Milano, 18th of October 2018 – Due to the long and persistent raw materials cost increase experienced in the last months,  Mare announces a general price increase from 10% to 20% for its wet strength resins, up to 15% for its sizing agents and up to 10% for its process chemicals portfolio.

Price increase will be effective immediately where allowed by existing contracts. Additional increases may be applied if the raw materials escalation continues.