NORTH CHARLESTON, S.C., June 5, 2017 – Ingevity has announced a global price increase of 5 percent for all rosin ester products, including the WestRez™ line of tall oil rosin esters. The increase is a result of changing market conditions and higher costs.
The new price will be effective July 1, 2017, or as contracts allow.
Ingevity: Purify, Protect and Enhance
Ingevity provides specialty chemicals and high-performance carbon materials and technologies 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, printing inks and automotive components that reduce gasoline vapor emissions. Through a team of talented and experienced people, Ingevity develops, manufactures and brings to market products and processes that purify, protect and enhance the world around us. Headquartered in North Charleston, S.C., Ingevity operates from 25 locations around the world and employs approximately 1,500 people. The company is traded on the New York Stock Exchange (NYSE: NGVT). For more information, visit www.ingevity.com.