Country for PR: United States
Contributor: PR Newswire New York
Friday, October 29 2021 - 06:05
AsiaNet
SI Group Announces Global Energy Surcharge To Offset Rising Costs
SCHENECTADY, N.Y., Oct. 29, 2021 /PRNewswire-AsiaNet/ --

-- Company's action plan addresses global energy challenges 

SI Group ( 
https://c212.net/c/link/?t=0&l=en&o=3339685-1&h=2251366994&u=http%3A%2F%2Fwww.siigroup.com%2F&a=SI+Group 
), a leading performance additives company, announced today an energy surcharge 
applied to global products in response to increasing energy costs, including 
natural gas, coal power and crude oil. SI Group will implement varied 
surcharges by region of manufacture, effective Sunday, November 7, 2021, 
subject to applicable terms and conditions. The amount is based on the point of 
manufacture of the product, as follows:

Logo - https://mma.prnewswire.com/media/95496/si_group__inc__logo.jpg 
 
    Americas    $205/T
    India       $205/T
    APAC        $205/T
    EMEA        EUR 335/T

"In these dynamic times, SI Group continues to work diligently to mitigate and 
absorb significantly elevated energy costs. As the increases have continued, 
however, it is necessary to implement an energy surcharge as we maintain our 
commitment to provide market-leading products and services to our valued 
customers," said Joey Gullion, Sr. Vice President and Chief Commercial Officer 
at SI Group. He added, "We are partnering closely with our global customers to 
communicate timely regarding our action plans and provide visibility towards 
incremental increases."  

SI Group will continue to monitor market conditions and communicate regularly 
with valued customer partners. Impacted customers will be contacted directly by 
their SI Group Account Manager. 

About SI Group
SI Group is a global leader in the innovative technology of performance 
additives, process solutions, active pharmaceutical ingredients, and chemical 
intermediates. SI Group solutions are essential to enhancing the quality and 
performance of countless industrial and consumer goods within the plastics, 
rubber & adhesives, fuels & lubricants, oilfield, and pharmaceutical 
industries. Headquartered in Schenectady, New York, SI Group's global 
manufacturing footprint includes 21 facilities on four continents, serving 
customers in 90 countries with approximately 2,300 employees worldwide. In 
2021, SI Group received a gold award for corporate social responsibility by 
EcoVadis and is ranked among the top five percent of more than 50,000 worldwide 
companies. SI Group innovates and drives change to create value with a passion 
for safety, chemistry, and extraordinary results. Learn more at 
www.siigroup.com.

Media Contact: Joseph Grande 
ph: + 1.413.684.2463 
joe@jgrandecommunications.com

SOURCE SI Group
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