Nov 15, 2018
Ingevity announces price increase for pine chemical-based products
NORTH CHARLESTON, S.C., November 15, 2018 – Ingevity has announced a general price increase for all tall oil fatty acid, tall oil rosin, rosin derivatives, distilled tall oil, and lignin dispersant products. The increase is due to continued inflationary pressures and will range from 7 to 12 percent for all products.
The new prices will be effective January 1, 2019, or as contracts allow.
Ingevity: Purify, Protect and Enhance
Ingevity provides specialty chemicals and high-performance carbon materials and technologies that purify, protect and enhance the world around us. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that help customers solve complex problems. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions. Headquartered in North Charleston, South Carolina, Ingevity operates from 25 locations around the world and employs approximately 1,600 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information visit www.ingevity.com.