Austin, TX, May 24, 2017
Price increase for Canadian oil and gas market.
BYK USA Inc. increased prices of organoclay additives sold into the Canadian oil and gas market on May 1, 2017. Increases ranged between 8% - 12% as agreements permitted, and included both wet and dry processed grades. BYK representatives have contacted all affected customers directly.
About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world’s leading suppliers in the field of additives and measuring instruments. Additives are chemical substances that are used in small quantities to improve product properties and optimize manufacturing processes. The coatings, printing inks, and plastics industries are some of the traditional application areas, but BYK additives are also used in the manufacture of care products, adhesives and sealants, paper surface finishing, construction chemistry and oil production. As a globally operating specialty chemicals company, BYK has production sites in Germany, Netherlands, UK, USA and China.
Testing and measuring instruments from BYK can effectively evaluate the quality of color, gloss and appearance as well as the physical properties of paint, plastic and paper products, and are an important part of quality control. Today the company employs around 2,100 people worldwide and forms part of the ALTANA Group.