September 23, 2022

Ashland increases prices by up to 15 percent due to inflation-related costs  

THE WHAT? Specialty ingredients company Ashland has announced that is to increase prices by up to 15 percent due to being hit by inflation-related costs.

THE DETAILS According to a press release, the price increase includes all Ashland products across all the markets and applications the company serves, including life sciences, personal care, specialty additives and intermediates.

THE WHY? The company has decided on the price hike strategy to ‘cover continued general inflation related to raw materials, energy, freight, and labor.’

The post Ashland increases prices by up to 15 percent due to inflation-related costs appeared first on Global Cosmetics News.

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