SUEZ Announces Price Increase on Specialty Chemicals Sold by Water Technologies & Solutions Business Unit

TREVOSE, Pa.--()--SUEZ’s Water Technologies & Solutions, a business unit created by combining GE Water & Process Technologies and SUEZ’s industrial water activities, is implementing a global price increase for all specialty chemicals and related services sold into all industry segments. The increase will be effective March 1, 2018.

Driven by global and/or regional increases in certain raw materials, transportation and labor costs, the price increase is specific to the SUEZ’s Water Technologies and Solutions business unit and will increase globally on average between 5 and 10 percent, varying by country and product. The price increase will be implemented according to the terms and conditions of existing customer contracts and will be communicated to affected customers by SUEZ commercial teams.

“We continue to invest in our business to ensure that we can deliver solutions that improve our product and service quality, as well as reliability and profitability of our customers’ operations. The pricing actions we are taking today allow us to maintain the level of service and new product development that our customers have come to expect from SUEZ Water Technologies and Solutions,” said Heiner Markhoff, CEO, SUEZ – Water Technologies and Solutions.

About SUEZ

With 90 000 people on the five continents, SUEZ is a world leader in smart and sustainable resource management. We provide water and waste management solutions that enable cities and industries optimize their resource management and strengthen their environmental and economic performances, in line with regulatory standards. To meet increasing demands to overcome resource quality and scarcity challenges, SUEZ is fully engaged in the resource revolution. With the full potential of digital technologies and innovative solutions, the Group recovers 17 million tons of waste a year, produces 3.9 million tons of secondary raw materials and 7 TWh of local renewable energy. It also secures water resources, delivering wastewater treatment services to 58 million people and reusing 882 million m3 of wastewater. SUEZ generated total revenues of 15.3 billion euros in 2016.

Find out more about the SUEZ Group on the website & on social media

Contacts

Press
Isabelle Herrier-Naufle, +33 1 58 81 55 62
isabelle.naufle@suez.com
or
Ophélie Godard, +33 1 58 81 54 73
ophelie.godard@suez.com
or
Analysts & Investors
+33 1 58 81 24 05
or
Renee Twardzik, 215-942-3288
renee.twardzik@ge.com

Release Summary

SUEZ’s Water Technologies & Solutions is implementing a global price increase effective March 1, 2018.

Contacts

Press
Isabelle Herrier-Naufle, +33 1 58 81 55 62
isabelle.naufle@suez.com
or
Ophélie Godard, +33 1 58 81 54 73
ophelie.godard@suez.com
or
Analysts & Investors
+33 1 58 81 24 05
or
Renee Twardzik, 215-942-3288
renee.twardzik@ge.com