Smit & Zoon Announce global price increasePrices of Smit & zoon leather chemicals adjusted due to rising raw material costs.Weesp, The Netherlands, April 12, 2018 – Global leather chemicals manufacturer Smit & Zoon announced today that it will globally increase the prices of its wet-end and finishing leather chemicals.INCREASED PRICES“Significant price increase of raw materials across our total portfolio have happened during the past year, with notable shortages and supply constraints in specific cases. Also labor, transportation, and other costs have seen sharp increases due to the positive global economic development. Although raw material markets will remain volatile, the current outlook does not give any indication of short term structural relief,” said Smit & zoon CEO Hans van Haarst. “This situation has forced us to increase the prices of the total Smit & zoon wet-end and finishing range by 10%. Our commercial team will work closely with customers to effectuate this increase with immediate effect or when contracts allow.”Interesting for you Discover more news Update of the leather industryGlobal trade numbers are showing that furniture upholstery almost outperformed 2019 or on similar levels. Next is an automotive market which shows differences globally. As with automotive but also for leather goods and footwear China has been a key area where the economy has rebounded faster and better. The rest of the world is still flagging. Leather Value Chain Continuity is a ChoiceI urge you to embrace change in 2023, seek collaboration with others in the value chain, and ask “how it can be done, together” instead of spending time, money, and effort on resisting change. We can influence the future and destiny of our value chain, there are options and there always are choices to be made. New agent: Introducing Leer GroupWe are pleased to announce that Leer group has joined as our latest authorised partner, focusing on technical solutions for our customers in India. It is a collaboration of experienced leather technologists with a combined experience in the leather industry of well over a hundred years. More newsGo to all news articlesDiscoverStay informedReceive the latest company news and industry updatesSubscribe to our newsletterShare this:
