NAPERVILLE, Ill., Jan. 5, 2011 /PRNewswire/ -- Nalco （NYSE: NLC）, providing essential expertise for water, energy and air, has announced global price increases of six to 12 percent, effective Feb. 1, for its Colloidal Technologies Group customers on a broad range of colloidal silica and related products that are part of the Company's customer solution packages.
The price increases are driven by increased basic raw material costs, tightening availability of some key raw materials and rising freight costs. Nalco's sales engineers will discuss the specific impacts of these increases with individual customers.
"Long-term upward price pressure on key raw materials is making it necessary for the Colloidal Technologies Group to implement appropriate price increases to help offset these continuing cost headwinds," said Joe Kosiek Strategic Business Manager, Colloidal Technologies Group. "By taking this necessary action, we can continue to invest in research, manufacturing process improvements and development of our people that enable us to provide sustainable solutions and value for our customers."
The Colloidal Technologies Group manufactures colloidal silica, specialty sols and complementary process chemicals used in various industries including precision investment casting of metal parts, polishing of silicon wafers, memory disks and other electronic substrates, vacuum-formed shapes and high-temperature refractories, catalyst supports, wine and juice clarification and specialty coatings.
About Nalco
Nalco is the world's largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability Indexes. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion.
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