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ADDCON price information

19/11/20

Stable prices despite current economic conditions.

 ADDCON price information. 

Despite current economic conditions, we are pleased to be able to continue to offer you stable prices.
Nevertheless, the times are changing faster than ever. Therefore, from today’s perspective, we cannot tell you how long
we can guarantee this price list. From January 1st, 2021, logistics costs will increase due to higher
taxation on CO2 emissions, and this affects our raw material supplies from Europe.
The current forecast also shows that due to the widespread reduction in overseas cargo ships, overseas freight costs will also rise,
and the entire industry will be affected. In addition, as emerged at the end of last week,
the prices of the most important raw material producers of formic acid and propionic acid will increase immediately.
Reactions in the market are already visible. Due to existing contracts, ADDCON will not be affected by these price increases until the end of 2020. 

Whether we can maintain the stability of our prices at the beginning of the coming year, is something we cannot yet predict.
In any case, all colleagues will strive to keep prices as stable as possible. 

We would therefore highly recommended, in the interest of your customers, to take advantage of current prices, which we can guarantee
until the 31st of December 2020. For any further questions, please do not hesitate to contact us. 

Kurt Wegleitner 

ADDCON GmbH 
CEO 

 

 

 

 
 

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