SI Group imposes energy surcharge to offset rising costs

SI Group, a world-renowned performance additives company, announced an energy surcharge on global products to address rising energy costs such as natural gas, coal and crude oil
.

St.
Lecott Group will impose different surcharges by manufacturing region from Sunday 7th November 2021 in accordance with the applicable terms and conditions
.
The amount is calculated based on where the product is manufactured, as follows:

“In these dynamic times, the St.
LeCotter Group continues to work hard to reduce and absorb significantly rising energy costs
.
However, as costs continue to rise, we must impose an energy surcharge in order to maintain our market-leading offering to our valued customers.
product and service commitment,” said Joey Gullion, Senior Vice President and Chief Commercial Officer,
St.
"We are working closely with our global clients to communicate our action plan in a timely manner and provide expectations for incremental price increases," he added
.

The St.
Lecott Group will continue to monitor market conditions and communicate regularly with valued customer partners
.
Affected customers will be contacted directly by the Saint-Lecott Group Account Manager
.