Aug 31, 2021   SOURCE: BusinessWire

PQ and National Silicates Announce Price Adjustment

PQ and National Silicates today announced that their respective U.S. and Canada Silicates businesses are increasing prices effective September 1, 2021, or as contracts and agreements allow.

This price adjustment is driven by the significant increases in raw materials, energy, and transportation costs.

“As we emerge from the pandemic, we are facing unprecedented increases in raw materials and other key inputs driven by higher demand,” said Michael Chan, Vice President and General Manager of PQ’s Americas Silicates group. “This price adjustment is necessary for us to continue to offer the high-quality products and services our customers demand.”

PQ and National Silicates will be increasing both list and off-list pricing in the U.S. and Canada, respectively. The pricing increase ranges from 10-20% or $0.015 per pound (USD) for standard liquid sodium silicate grades and $0.05 to $0.25 per pound (USD) for specialty grades.

About PQ

With headquarters in Malvern, Pennsylvania, PQ is one of the world’s leading, independent producers of sodium silicates, specialty silicas, and zeolites, which are used in personal and industrial cleaning products, fuel efficient tires, surface coatings, and food and beverage products. Supported by 1,500 employees across 31 facilities in 13 countries, PQ serves more than 900 customers around the world.