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AlwaysFree: Shell Catalysts & Technologies To Increase Pricing Of Catalyst Products Globally

Author: SSESSMENTS

According to the company’s website news release on February 8, 2023, Shell Catalysts & Technologies (SC&T) announced a global price increase of its refining and chemical catalyst products lines. This announcement comes as a result of unprecedented global economic challenges which include a rise in energy and raw material costs, supply chain stresses, plus the increased cost of transportation of goods.

“Shell has experienced significant cost increases that have affected our catalysts business around the world. After careful evaluation of the current market dynamics and global economic challenges we have decided to increase the prices of our catalyst products,” said Elise H. Nowee, president, Shell Catalyst & Technologies. “We are (and remain) committed to continue providing high quality catalyst products and services to our customers and sustainably create value for our customers today and in the future.”

As an owner operator, SC&T understands the breadth and depth of the challenges created as costs increase. Along with leveraging our size to minimize material and logistic costs which translate directly toward savings, we are focused on working with customers to identify areas for operational improvements through reduced energy consumption, minimized byproducts, and maximized yield recovery.

About Shell Catalysts & Technologies

Shell Catalysts & Technologies is at the forefront of developing new services and technologies for the energy and petrochemical industries. This includes advanced catalysts for refining and petrochemicals, as well as licensing and technical services to support these technologies/solutions. Shell Catalysts & Technologies companies are committed to enable industry to provide more and cleaner energy solutions for today and the future. Shell Catalysts & Technologies companies are affiliates of Shell plc, a global group of energy and petrochemical companies with operations in more than 70 countries. To learn more, visit 

www.shell.com/CT 

Tags: All Chemicals,All Products,AlwaysFree,English,Europe,United Kingdom,West Europe

Published on March 16, 2023 3:02 PM (GMT+8)
Last Updated on March 16, 2023 3:02 PM (GMT+8)