SONGWON announces global price increases for Tin Intermediates and Catalyst
Publishing date: 09.02.2021
SONGWON Industrial Co., Ltd. announced today that prices for all Tin Intermediates and Catalyst products will be raised by up to 15% depending on the product line and region but exclude the normal price adjustment linked to Tin ingot.
These additional upward price adjustments are necessary due to the higher costs related to other raw materials, labor, regulatory as well as energy and logistics and they follow the price increases related to freight rate surges that where previously announced in December 2020.
The price increase is effective immediately or as contracts allow.