Nalco Champion announces price increase for customers in all segments
Nalco Champion, an Ecolab company, announced a price increase for customers in all its segments. Pricing for most Nalco Champion products and programs will increase globally between 6%-9%, varying by country and product. This price increase will be effective October 1. 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, EVP and president, Nalco Champion.